Urban Window Company had gross wages of $172,000 during the week ended July 15. The amount of wages subject to social security tax was $154,800, while the amount of wages subject to federal and state unemployment taxes was $22,000. Tax rates are as follows: Social security 6.0% Medicare 1.5% State unemployment 5.4% Federal unemployment 0.6% The total amount withheld from employee wages for federal taxes was $34,400. For a compound transaction, if an amount box does not require an entry, leave it blank. a. Journalize the entry to record the payroll for the week of July 15. Wages Expense 172,000 Social Security Tax Payable 10,320 x 2,580 Medicare Tax Payable Employees Federal Income Tax Payable 34,400 Wages Payable 155,660 Feedback b. Journalize the entry to record the payroll tax expense incurred for the week of July 15. Payroll Tax Expense Social Security Tax Payable