Compute the gross earnings for regular, overtime, and holiday pay for each employce for the December 31 pay period. Remember that while an hourty rate is shown for all employees, the period pay for exempt emplovees should be calculated by taking their yearly salary and dividing it by the number of semimonthly pay periods in a year, which should then be split between the number of hours considered regular time and holiday time. The pay rates for each employee have been given from the prior period. Note: Round answers for hourty rate or period wages to 5 decimal places and all other answers to 2 decimals. The final pay period of the year will not be paid to employees until January 4,2023 . The company will accrue the wages for the final pay period only. Because the pay period is complete, there will not be a reversing entry for the accrual. As a result, paychecks will not be issued for this pay period since they will be paid in the following year and reflected on the Employee Earning Record forms for each employee when paid. The remainder of the employer liablity will be paid with the final filing for the year, The company pays holiday pay for December 26, 2022. Reminder, holidays and vacations are not included as hours worked for calculation of overtime. - Complete the Employee Gross Pay tab. - Complete the Poyroll Register for December 31 - Complete the General Journal entries for the December 31 poyroll - Update the General Ledger with the ending ledger balances from the December 15 pay period ledger accounts first, and then post the journal entries from the current period to the General Ledger