Help Save &Exit Submt Ch 9 Check my work 5 9-2A Entries for payroll transactions LO P2, P3 On January 8, the end of the first weokly pay period of the year, Regis Company's payroll register showed that its employees earned $27760 of office salaries and 60,840 of sales salaries withholdings frorn the employees' salaries include FSocol Security taxes at the rate of 6200 RCA Medicare taxes at the rate of 1 45%, $13,460 of federal incorne taxes, $1,450 of medica insurance deductions, and $900 of union dues. No employee earned more than $7000 in this first period. Required: 11 Calculate below the amounts for each of these four taxes of Regis Company. Regis's merit rating reduces its state tax rate to 4% of the first $7,000 paid each employee. The federal unemployment tax rate is 060%. (Roundy answers to 2 decimal places.) Tax Amount subject to tax 13,460 13,460 834 52 195.17 FUTA UTA