unemployment tak based on the first $7,000 for each employee. Also assume that no employee has eamed more than 57 ,000. If an amount bor does not rract an ontry, leave it blank. If required, round your intermediate calculations and findl answers to the nearest cent and use the rounded ansieers in subceguent comoutabini. t Ctein My What Payroll taxes are an expense of doing butiness and are recorded in an expense account. This account thows the compamrit portico of pica tasm, and 5 atate and Federal unemolopment takes. The jourmal entry consists of an expense and liablities for eech applicathe aceouint