1 Problem 3-7A (Algo) 10 Terry McNutt a single employee with two dependents, is paid $14.00 per hour and receives a commission on net sales. He does not receive a commission until his net sales exceed $150,000. Once the minimum net sales are reached, he receives a 2 percent commission on all of his sales at Skidoo Sports. During the week of January 24, he sold 578,000 of skl equipment, however, he had $2.700 of returns from the prior week's sales. Company policy requires that commissions on sales returns are deducted from the employee's pay, regardless of current commission earnings Required: Compute Terry's gross pay for the 40-hour weekly pay period. (Negative amounts) should be indicated by a minus sign.) Company Dideo Sports Period Ended 1174/200 Name Filing Hourly No. of Regular Hours gw Earrings Commission Cross Earnings Toy M