Current Attempt in Progress Sarah Strand's regular hourly wage rate is $24, and she receives an hourly rate of $36 for work in excess of 40 hours. During a January pay period, Sarah works 46 hours. Sarah's federal income tax withholding is $87, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entry to record payroll taxes for the period. Ignore unemployment taxes. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.Round answers to 2 decimal places, e.g. 15.15.) Date Account Titles and Explanation Jan. 15 eTextbook and Media List of Accounts Debit Credit Save for Later Using multiple attempts will impact your score. 25% score reduction after attempt 1 Attempts: 0 of 2 used Submit Answer