View Policies Current Attempt in Progress For the year ended December 31, 2022, Bonita Electrical Repair Company reports the following summary payroll data. Gross earnings: Administrative salaries $187,000 Electricians' wages 381,000 Total $568,000 Deductions: FICA taxes $38,244 Federal income taxes withheld 163,500 State income taxes withheld (3%) 17,040 United Fund contributions payable 27,403 Health insurance premiums 16,000 Total $262,187 Bonita's payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.6% federal unemployment. Gross earnings subject to Social Security taxes of 6.2% total $484,000, and gross earnings subject to unemployment taxes total $118,000. No employee exceeds the $132,900 limit related to FICA taxes. (a) Prepare a summary journal entry at December 31 for the full year's payroll. (b) Journalize the adjusting entry at December 31 to record the employer's payroll taxes. (Round answers to O decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) (b) (c) The W-2 Wage and Tax Statement requires the following dollar data. Complete the required data for the following employees. (Round answers to O decimal places, e.g. 5,275.) Wages, Tips, Federal Employee Income Other State Income Tax Withheld FICA Wages FICA Ta> Tax Compensation Withheld a Sandoval $60,000 $29,400 $ $ ifer Mingenback 30,000 11,700