Following are some transactions and events of Business Solutions Feb. 26 The company paid cash to Lyn Addie for eight days' work at $130 per day. Mar. 25 The company sold merchandise with a $2,022 cost for $2,91e on credit to Wildcat services, invoice dated March 25 Required 1. Assume that Lyn Addie is an unmarried employee. Her $1,040 of wages are subject to no deductions other than FICA Social Security taxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total $104. Compute her net pay for the eight days' work paid on February 26. (Round your answer to 2 decimal places. Do not round intermediate calculations.) Net pay 856.44 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1. (Round your answers to 2 decimal places. Do not round intermediate calculations.) View transaction list Journal entry worksheet Record the payroll expenses and liabilities for the eight days' work paid on February 26 Note: Enter debits before credits. Date General Journal Debit Credit Feb 26, 2018 Payroll taxes expense 127.40 FICA-Social security taxes payable FICA-Medicare taxes payable 64.48 15.08 6.24 41.60 Record entry Clear entry View general journal