1. Jae earns an annual salary of $86,600 and is paid semi-monthly. He is expected to work 37.50 hours per week and is entitled to time and a half for any overtime hours worked a. What is his regular gross pay per period to two decimal places? (2 marks) b. Determine his hourly equivalent rate of pay rounded to two decimal places. (3 marks) c. Use the rounded answers from a) and b) to calculate his gross pay for a pay period in which he works 8 hours of overtime. marks) (3