Required: From the below information provided, prepare the payroll register and the journal entries necessary. Show the journal entry for the payment of the medical insurance premium for the pay period end. Fed.IT withholding is 3% of annual gross wages up to $125,000 and 5% for gross pay over $125,000 State Income Tax is 12% of Fed. Income Tax FICA-Social security withholding is 6.2% of gross pay, up to $147,000 for 2022. FICA-Medicare is 1.45% of gross earnings. Additional Medicare tax 0.9% of cum. gross over $200,000 FUTA is 0.8% of earnings and SUTA is 5.4% of earnings, both up to $7,000 gross earnings yearly. Employee/employer pay 50:50 of weekly medical insurance premium, based on 2.5% of gross pay.. Both Mills and Smart authorized payment of union dues of 5% of gross pay. Employee Payroll Journal Date Accounts Dr. CT. Wages/salaries expense XX FIT XX SIT XX - FICA Soc. Security XX - Medicare XX Add Medicare XX Medical ins. XX Union dues XX Net pay payable XX