View Policies Current Attempt in Progress The following is a payroll sheet for Sarasota Imports for the month of September 2020. The company is allowed a 1% unemployment compensation rate by the state; the federal unemployment tax rate is 0.8% and the maximum for both is $7,000. Assume a 10% federal income tax rate for all employees and a 7.65% FICA tax on employee and employer on a maximum of $128,400. In addition, 1.45% is charged both employer and employee for an employee's wages in excess of $128,400 per employee. (a) Complete the payroll sheet. (Round answers to 2 decimal places, eg. 15.26.) Name B.D. Williams Earnings to Aug. 31 September Earnings Income Tax Withholding $6,800 $900 $ D. Raye 6,500 800 K. Baker 7,700 1,200 F. Lopez 14,700 2,000 A. Daniels 117,600 12.200 B. Kingston 122,300 16,900 Total $ $ 10 Make the necessary entry to record the payment of the payroll. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit