Urban Window Company had gross wages of $320,000 during the week ended July 15 . The amount of wages subject to social security tax was $320,000. while the amount of wages subject to federal and state unemployment taxes was $25,000. Tax rates are as follows: The total amount withheld from employee wages for federal taxes was $46,000. Required: a. Journalize the enty to record the payron for the week of Julypis. b. Joumalize the entry to record the payroll tax exponse incurred for the week of July 15 . "Refer to the chart of accounts for the exact wording of the account tities. CNOW journals do not use lines for joumal explanations. Every line on a journal page is used for debvt or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. a. Joumalize the entry to record the payroll for the week of July 15." b. Journalize the entry to rocord the payroll tax expense incurred for the wook of July 15.* "Aefer to the chart of accounts for the exact wording of the account titles. CNOW joumals do not use lines for joumal explanations. Every ling on a journal page is used for debit or credit entries. CNOW joumals will automatically indent a credir ontry when a crodit amount is entered. PickApart Arts, Inc., had earnings of $170,100 for the year. The company had 18,000 shares of common stock outstanding during the year and issued 4,500 shares of $100 par value preferred stock. The preferred stock has a dividend of $7 per share. There were no transactions in either common or preferred stock during the year. Determine the basic earnings per share for PickApart Arts for the year. Round answer to two decimal places. per share