Lily Carter works for JDK all year and earns a monthly salary of $12,100. There is no overtime pay. Lily's income tax withholding rate is 10% of gross pay. In addition to payroll taxes, Lily elects to contribute 5% monthly to United Way. JDK also deducts $250 monthly for co-payment of the health insurance premium. As of September 30, Lily had $108,900 of cumulative earnings. i (Click the icon to view payroll tax rate information.) Read the requirements. For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: 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. Requirement 1. Compute Lily's net pay for October. (Round all amounts to the nearest cent.) Withholding deductions: Net (take-home) pay Requirement 2. Journalize the accrual of salaries expense and the payment related to the employment of Lily Carter. (Record debits first, then credits. Select explanations on the last line of the journal entry table.) Begin with the entry to accrue salaries expense and payroll withholdings for Lily Carter. (Round all amounts to the nearest cent.) Date Accounts and Explanation Debit Credit Now record the entry to record the payment of wages to Lily Carter. (Round all amounts to the nearest cent.) Date Accounts and Explanation Debit Credit