Check my work Problem 9-2A Entries for payroll transactions LO P2, P3 On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that its employees e $22,760 at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $12,860 of federal income taxes, S1340 of medical insurance deductions, and $840 of union dues. No employee earned more than $7,000 in this first period. of office salaries and $65,840 of sales salaries. Withholdings from the employees salaries include FICA ial Security taxes 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 rte to 4% of the first $7,000 paid each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal places.) Regis Company's: Tax FICA-Social Security FICA-Medicare FUTA SUTA January 8 Earnings Subject to Tax Tax Rate Tax Amount 88,600 88,600 88,600 88,600 6.20% 1.45% 060% 4.0096. 5,493.20 1,284.70 531.60 3,544.00 %;