Zion, Inc. has one employee who has worked January - June of the current year. The employee is single, paid weekly, and claims two allowances on her W-2. The company is in a state that has no state income taxes. The FICA Social Security tax rate is 6.2% on the first $118,500 of wages and the FICA Medicare tax rate is 1.45% on all wages. Zion, Inc.'s FUTA tax rate is 0.6% on the first $7,000 of wages and their SUTA tax rate is 2.3% on the first $8,000 of wages. The employee's earnings thus far are as follows: Gross pay Jan - May Gross pay for June $6,300 $1,140 a) Use the information above and the IRS tax table (click to pop open) to calculate all of the taxes that should be withheld from the employees paycheck and her net pay for June. Round values to 2 decimal places if needed. Gross Pay 6,300 X Federal Withholding 911.80 X FICA-SS 390.60 X 91.35 X FICA-Medicare Net Pay 4,906.25 X b) Prepare the journal entry Zion, Inc. will record to accrue the June wages for this employee. Date Description Debit Credit 06/30 Salaries Expense 6,300 X Federal Withholding Payable 911.80 X FICA-SS Payable 390.60 x FICA-Medicare Payable 91.35 x Salaries Payable to accrue salaries and withholding for June payroll c) Use the information provided to calculate the payroll taxes that Zion must pay on the employee behalf for the month of June FICA-SS 390.60 x FICA-Medicare 91.35 X FUTA 37.80 X SUTA 144.90 X Total ER taxes 664.65 X d) Prepare the journal entry Zion, Inc. will use to record their portion of the payroll taxes for June. Date Description 06/30 Payroll Tax Expense FICA-SS Payable FICA-Medicare Payable FUTA Taxes Payable Debit Credit 664.65 x 390.60 X 91.35 X 37.80 x 144.90 x SUTA Taxes Payable to record employer's portion of payroll taxes for June