Vacation Destinations offers its employees the option of contributing up to 6% of their salaries to a voluntary retirement plan, with the employer matching their contribution. The company also pays 100% of medical and life insurance premiums. Assume that no employee's cumulative wages exceed the relevant wage bases. Payrol information for the first biweekly payroll period ending February 14 is listed below. 31,450,000 60,900 Mapes and salaries Employer contribution to voluntary retirent plan Medical insurance premium paid by employer Life insurance premium paid by employer Federal and state income to withheld Social Security tax rate Medicare tax rate Federal and state unemployment tax rate 5,000 362,500 1.455 6.2011 Required: 1. Record the employee salary expense, withholdings and salaries payable 2. Record the employer provided fringe benefits 3. Record the employer payroll taxes Record the necessary entry for the scenarios given above. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction that Journal entry worksheet