View Policies Current Attempt in Progress For the year anded December 31, 2022, Swifty Electrical Repair Company reports the following summary payroll data. Gross earnings: Administrative salaries $190,000 Electricians' wages 340,000 Total $530,000 Deductions: FICA taxes $35,027 Federal income taxes withheld 162,000 State income taxes withheld (319 15,900 United Fund contributions payable 25,570 Health insurance premiums 18,000 Total $256,497 Swifty's payroll taxes are Social Security tax 6.25 Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.6% federal unemployment Gross earnings subject to Social Security taxes of 6.25 total $441,000, and gross earnings subject to unemployment taxes total $134000. No employee exceeds the $132.900 limit related to FICA taxes. Presarea summaryjournal entry: December 31 for the full year's payroll. Journalize the adjusting entry at December 31 to record the employer's payroll taxes. (Round answers to decimal places, eg 125. Credit account titles are automatically indented when amount is entered. Do not indent manually No. Account Titles and Explanation Debit Credit (c) The W-2 Wags and Tax Statement requires the following dollar data. Complete the required data for the following employees. (Round answers to decimal places, eg 5.275.) Employee Wages, Tips Other Compensation Federal Income Tax Withheld State Income Tax Withheld FICA Wages Maria Sandoval $62.000 $30,380 S S Jennifer Mingenback 30,000 11,700