Lee Company has the following information for the pay period of December 15–31: Gross payroll $16,034   Federal income tax withheld $2,805 Social security rate 6%   Federal unemployment tax rate 0.8% Medicare rate 1.5%   State unemployment tax rate 5.4% Assuming no employees are subject to ceilings for taxes on their earnings, Salaries Payable would be recorded for a.$11,032.34 b.$16,034.00 c.$12,026.45 d.$12,234.89

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