Cindy Strand's regular hourly wage rate is $$12,$ and she receives an hourly rate of $$18$ for work in excess of $40$ hours. During a January pay period, Cindy works $44$ hours. Cindy's federal income tax withholding is $$87,$ and she has no voluntary deductions. Assume that the FICA tax rate is $7\mathrm{.}65\%.$

Prepare a tabular summary for Cindy's employer to record $($a$)$ Cindy's pay for the period and $($b$)$ the payment of Cindy's wages. Use January $15$ for the end of the pay period and the payment date. Include margin explanations for the changes in revenues and expenses.