Kathy Burnett works for Triumph Industries. Her pay rate is $13.44 per hour and she receives overtime pay at one and one-half times her regular hourly rate for any hours worked beyond 40 in a week. During the pay period that ended December 31, 20x1, Kathy worked 42 hours. She is married and claims three withholding allowances on her W-4 form. Kathy's cumulative earnings prior to this pay period total $29,000. This week's wages are subject to the following deductions: 1. Social Security tax at 6.2 percent 2. Medicare tax at 1.45 percent 3. Federal income tax (use the withholding table shown in Figure 10.20) 4. Health and disability insurance premiums, $161 5. Charitable contribution, $18 Required: 1. Compute Kathy's regular, overtime, gross, and net pay. 2. Assuming the weekly payrol has been recorded, journalize the payment of her wages for the week ended December 31 Analyze: Based on Kothy's cumulative earnings through December 31. how much overtime pay did she earn this year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Analyze inte alcunians and final answers to decimal Complete this question by entering your answers in the ta Required 1 Required 2 Analyze Compute Kathy's regular, overtime, gross, and net pay. (Round yo places.) Employee Name Hourly Rate - Regular Hours Hours Worked Kathy Burnett $ 13.44 42.00 les Regular Time Pay Overtime Pay Gross pay Less: Net pay $ 0.00 Required Required 1 Required 2 Analyze Assuming the weekly payroll has been recorded, journalize the payment of her wage intermediate calculations and final answers to 2 decimal places.) View transaction list Journal entry worksheet