Question Help The total wage expense for New Co. was $170,000. Of this total, $26,000 was above the OASDI wage base limit and not subject to this tax. All earnings are subject to Medicare taxes, and $64,000 was above the federal and state unemployment wage base limits and not subject to unemployment taxes. Please calculate and journalize the total payroll tax expense for New Co. given the following rates and wage base limits (Click the icon view the rates and wage base limits.) Calculate the total payroll tax expense for New Co. FICA - OASDI FICA - Medicare FUTA SUTA Total Journalize the total payroll tax expense for New Co. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Accounts PR Debit Credit More Info a. FICA tax rate: OASDI, 6.2% with a wage base limit of $127,200; Medicare, 1.45% with no wage base limit b. State unemployment tax rate 5.4% with a wage base limit of $7,000 c. Federal unemployment tax rate (after credit): 0.6% with a wage base limit of $7,000 Print Done Choose from any list or enter any number in the input fields and then contin