9 Problems Help Save &Exit Sub Check my wor On January 8, the end of the first weekly pay perod of the year, Regis Company's payroll register showed that its employees earned $24,760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Secunity taxes at the rate of 6.20%, FICA Medicare taxes at the rate of 1.45%, S13360 of federal ncome taxes, SAO of medical insurance deductions. and $860 of union dues. No employee earned more than $7000 in this first period Required: 1.1 Calculate below the amounts for each of these four taxes of Regis Company. Regis's merit rating reduces its state unemployment tax rate to 4% of the first $7,000 pad each employee. The federal unemployment tax rate is 060%. Round your answers to 2 decimal places) January 8earnings FICA-Social Security FUTA SUTA 1.2 Prepare the journal entry to record Regis Company's January 8 (employeel payroll expenses and iabilties (Round your answers to 2 decimal places.) Journal entry worksheet Next >