The following information about the weekly payroll was obtained from the records of Boltz Co.: Tax rates assumed: Social security, 6% State unemployment (employer only), 5.4% Medicare, 1.5% Federal unemployment (employer only), 0.8% a. Assuming that the payroll related to the first full week of the year and was paid on January 7, prepare the journal entries: January 7, to record the payroll. January 7, to record the employers payroll taxes on the payroll for the first week of the year. Since it is a new fiscal year, all $780,000 in salaries is subject to unemployment compensation taxes. b. Assuming that the payroll related to the last week of the year and was paid on December 31, prepare the journal