Determine both the regular and overtime wage rates for each of the following employees. All are paid an overtime wage rate 1.5 times their respective regular wage rates. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. 1: Kevin Williams earns a weekly wage of $740. During the most recent week, he worked 42 hours. Regular Wage Rate = $ Overtime Wage Rate = $ 2: Charles Joyner earns a biweekly wage of $2,720. During the most recent week, he worked 45 hours. Regular Wage Rate = $ Overtime Wage Rate = $ 3: Julio Valdez earns an annual salary of $81,000. During the most recent week, he worked 44 hours. Regular Wage Rate = $ Overtime Wage Rate = $ 4: Bridget Stein earns a monthly salary of $6,200. During the most recent week, she worked 56 hours. Regular Wage Rate = $ Overtime Wage Rate = $ 5: Betsy Cranston earns a semimonthly salary of $2,200. During the most recent week, she worked 49 hours. Regular Wage Rate = $ Overtime Wage Rate = $