Problem 13-4 Below is a payroll sheet for Crane Import Company for the month of September 2017, The company is allowed a 196 unemployment compensation rate by the state; the federal unemployment tax rate is 0.8% and the maximum for both is $7,000. Assume a 10% federal income tax rate for all employees and a 7.65% FICA tax on employee and employer on a maximum of $118,500. In addition, 1.45% is charged both employer and employee for an employee's wages in excess of $118,500 per employee Complete the payroll sheet. (Round answers to 2 decimal places, e.g. 15.26.) Unemployment Tax Earnings September Income Tax Withholding Earnings to Aug. 31 $6,900 6,500 7,500 14,800 108,500 113,000 Name FICA State Federal $800 s B. D. Williams D. Raye K. Baker F. Lopez A. Daniels B. Kingston Total 700 1,000 1,800 13,200 16,800 Make the necessary entry to record the payment of the payroll. (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.) Account Titles and Explanation Debit Credit Make the entry to record the payroll tax expenses of Crane Import Company. (Round answers to 2 decimal places, e.g. 15.25. 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. Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS Make the entry to record the payment of the payroll liabilities created. Assume that the company pays all payroll liabilities at the end of each month. (Round answers to 2 decimal places, e.g. 15.25. 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.) Account Titles and Explanation Debit Credit