Exercise 5 Facts: A factory employee directly working in the production line earns $1,000 per week. At the end of the year this employee receives a bonus for $4,000. The company pays 4 weeks for vacations per year. Actions to take: 1. Prepare the Journal Entries for the payroll, bonus and vacation Exercise 6 Facts: An employee earns $800 per week. He/she is entiled to 12 paid Holidays and 4 vacation weeks per year, Actions to take: 1. Compute the employee's salary per day. 2. Compute the Holidays expense amount. 3. Compute the working weeks per year, 4. Compute the Vacations expense amount 5. Compute the Holidays allocation per week. 6. Compute the Vacations allocation per week