Perform Talent Search has an annual payroll of $200,000. In

Perform Talent Search has an annual payroll of $200,000. In addition, the company incurs payroll tax expense of 8%. At December 31, Perform owes salaries of $8,100 and FICA and other payroll tax of $800. The company will pay these amounts early next year. Show what Perform will report for the foregoing on its income statement and year-end balance sheet.