The payroll register of Seaside Architecture Company indicates $840 of Social Security and $218 of Medicare tax withheld on total salaries of $15,100 for the period. Assume earnings subject to state and federal unemployment compensation taxes are $5,200 at the federal rate of 0.8% and state rate of 5.4%.
Provide the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank or enter "0". Present your answers to the nearest cent.