Caiculating Payroll Taxes Expense and Preparing Journal Entry Selected information from the payroll register of Ebeling's Dairy for the week ended July 7,207, is shown below. The 5 UTA tax rate is 5.4%, and the FUrn tax rate is 0.6%, both on the first $7,000 of earnings. Social Security tax on the employer is 6.2% on the first $128,400 of earnings, and Medicare taxi is 1.45%6 on gross earnings. Required: 1. Calculate the total empioyer payrou taxes for these employees 1. Calculate the total employer payroll taxes for these employees. 2. Prepare the journal entry to record the employer payroll taxes as of July 7,20. 2. Prepare the journal entry to record the employer payroll taxes as of July 7,20