Herbert Sully manages a Dairy King drive-in. His straight-time pay is $19 per hour, with time-and-a-half for hours in excess of 40 per week. Sully's payroll deductions include withheld income tax of 30%, FICA tax, and a weekly deduction of $7 for a charitable contribution to United Way. Sully worked 55 hours during the week. i (Click the icon to view payroll tax rate information.) Read the requirements Requirement 1. Compute Sully's gross pay and net pay for the week. Assume earnings to date are $8,000. (Round all amounts to the nearest cent.) Begin by computing Sully's gross pay for the week i More Info Gross Pay Compute Sully's net pay for the week. (Round all amounts to the nearest cent.) For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: Withholding deductions: Employer OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% on all earnings, FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Print Done Net (take-home) pay Requirement 2. Journalize Dairy King's wages expense accrual for Sully's work. An explanation is not required. (Record debits first, then credits. Exclude explanations from journal entries.) Date Accounts Debit Credit Requirement 3. Journalize the subsequent payment of wages to Sully. (Record debits first, then credits. Exclude explanations from journal entries.) Accounts Debit Credit Date