Calculate Payroll An employee earns $20 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. If the employee worked 55 hours during the week. Assume that the social security tax rate is 6.0%, the Medicare tax rate is 1.5%, and the employee's federal income tax withheld is $288. a. Determine the gross pay for the week. If applicable, round your final answer to two decimal places. b. Determine the net pay for the week. Calculate Payroll K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: \begin{tabular}{lrrr} & \multicolumn{1}{c}{ Consultant } & Computer Programmer & \multicolumn{1}{c}{ Administrator } \\ \hline Regular earnings rate & $5,000 per week & $50 per hour & $60 per hour \\ Overtime earnings rate & Not applicable & 2 times hourly rate & 1.5 times hourly rate \\ Federal income tax withheld & $1,150 & $428 & $572 \end{tabular} For hourly employees, overtime is paid for hours worked in excess of 40 hours per week. Determine the gross pay and the net pay for each of the three employees for the current pay period. If required, round your answers to two decimal places. \begin{tabular}{ll} & Consultant \\ \hline Gross pay & $ \\ Net pay & $ \end{tabular} Computer Programmer $ $ Administrator $ $