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Mike's Door Service's payroll data for the second week of June included the following: Taxable earnings for state unemployment taxes: $2,000
Assume the following tax rates:
FICA-OASDI 6.2%
FICA-Medicare 1.45%
State unemployment 1.5%
Federal unemployment 0.06%
Required: Prepare the payroll tax expense entry for Mike's for the second week of June.
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