Lily Garza's regular hourly wage rate is $31, and she receives a wage of 1% times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Lily worked 42 hours. Her gross earnings prior to the current week were $5,200. Lily is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $31.00 per week. MARRIED Persons - WEEKLY Payroll Period (For Wages Paid through December 2022) If the wages And the number of withholding allowances claimed is - are 0 1 2 3 4 5 6 7 8 10 At least But less than The amount of income tax to be withheld is - 1,316 1,327 124 | 114 105 95 85 75 66 56 46 37 29 1,327 1,338 125 | 116 106 96 86 77 67 57 48 38 30 1,338 1,349 127 117 107 97 88 78 68 59 49 39 31 1,349 | 1,360 128 118 108 99 89 79 70 60 50 41 32 90 53 1,360 1,371 129 119 110 100 20 81 71 61 52 42 33 | 1,371 1,582 130 121 111 101 9282 72 63 63 43 34 1,382 1,393 132 122 112 10393 83 74 64 54 45 35 1,393 1,404 133 123 124 104 94 95 75 65 56 46 36 1,404 1415 134 125 115 105 % 86 76 67 57 47 38 1,415 1,426 136 126 116 10797 87 78 68 58 49 39 85 96 1,426 1,437 137 127 118 108 98 89 79 69 60 50 40 1,437 1,448 138 129 119 109 100 90 80 71 61 51 41 91 1,448 1,459 140 130 120 111 101 21 82 72 62 52 43 1,459 1,470 141 131 122 112 10293 83 73 64 54 44 1,470 1,481 142 133 123 113 104 94 84 75 65 55 45 | 1,481 1,492 144 134 124 115 105 95 86 76 66 56 47 1,492 1,503 145 135 126 116 106 97 87 77 67 58 48 1,503 1,514 146 137 127 | 117 | 108 98 88 78 69 59 49 1,514 1.525 148 138 128 119 109 99 89 80 70 60 51 1,525 1,536 149 139 130 120 110 101 91 81 71 62 52 a) Compute the following amounts for Lily's wages for the current week. (Round all answers to 2 decimal places, e.g. 52.55.) (1) Gross earnings. $ GA (2) FICA taxes. (Assume a 7.65% rate on maximum of $132,900.) $ (3) Federal income taxes withheld. $ (4) State income taxes withheld. (Assume a 2.0% rate.) $ (5) Net pay. $ Record Lily's pay. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) Account Titles and Explanation Debit Credit