Save & xt She 3. value 10.00 points On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that its employees eaned $27.760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.20%, FICA Medicare taxes at the rate of 1.45%, $13,060 of federal income taxes $1,460 of medical insurance deductions, and $800 of union dues. No employee eamed more than $7.000 in this first pay period Required: 1.1 Calculate below the amounts for each of these four taxes of Regis Company Regis's merit rating reduces its state unemployment tax rate to 5 % of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.60% ( Round your answers to 2 decimal places.) Regis Company's January 8 earnings subject to tax Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA 1 Record the employee payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debits before credits. Credit Date General Journal Debit Jan 08 Record entry Clear entry View general journal > 1 Record the employer's payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debits before credits. Date General Journal Debit Credit Jan 08 Record entry Clear entry View general journal