Romero Brothers Contracting reports a $ 1,200,000 bi- weekly payroll. Romero and its employees must pay Social Security ( FICA) taxes and none of the employees has exceeded the wage base. Income taxes withheld average 30% for federal and 8% for state and local taxes. The state unemployment tax rate is 5.4%, but Romero gets an experience credit of 4%. The state unemployment wage base is $ 7,000 per employee. Only $ 100,000 of the total payroll applies to wages that fall under this cap. Prepare the journal entries required to record the bi- weekly salary accrual and payment. Also record the journal entry for payroll tax expense.