Current Attempt in Progress Below is a payroll sheet for Blue Company for the month of July. The company is allowed a $\backslash (1\backslash \%\backslash )$ unemployment compensation rate by the state; the federal unemployment tax rate is $\backslash (0\mathrm{.}8\backslash \%\backslash )$ and the maximum for both is $\backslash (\backslash$$ $7,000\backslash ).$ Assume a $\backslash (10\backslash \%\backslash )$ federal income tax rate for all employees and a $\backslash (7\mathrm{.}65\backslash \%\backslash )$ FICA tax on employee and employer on a maximum of $\backslash (\backslash$$ $128,400\backslash ).$ In addition, $\backslash (1\mathrm{.}45\backslash \%\backslash )$ is charged both employer and employee for an employee's wages in excess of $\backslash (\backslash$$ $128,400\backslash )$ per employee. Your answer is partially correct. Complete the payroll sheet. $($Round answers to $2$ decimal places, e$.$g$.15\mathrm{.}26.)$Income Tax Withholding Make the necessary entry to record the payment of the payroll. $($Round answers to $2$ decimal places, e$.$g$.15\mathrm{.}26.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.$)$ Account Titles and Explanation Debit Credit Salaries and Wages Expense Withholding Taxes Payable FICA Taxes Payable Cash