Lucy Maiowoll works at College of Austin and is paid $50 per hour for a 40 -hour workwek and time-and-a-half for hours above 40 1. (Click the icon to view payroll tax rate information) Requirements 1. Compute Maxwell's gross pay for working 44 hours during the first woek of February. 2. Maxwell is single, and her income tax withholding is 15% of total pay. Maxwelrs only payroll deductions are payroll taxes. Compule Maxwell's net (take-horne) pay for the week. Assume Maxveli's earnings to date are less than the OASDI Lmit. 3. Journalize the accrual of salaries and wages expense and the payments related to the employment of Lucy Maxwell Requirement 1. Compute Maxwelis gross pay for working 44 hours during the first woak of Fobruary. Requirement 2. Maxwell is single, and her income tax withholding is 15% of lotal pay. Maxwelis only payroll deductions are payroll taxes. Compute Maxwell's net (take-home) pay for the week. Assume Maxwolis eamings to date are loss than the OASDI limit (Round all amounts to the nearest cent. More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $117.000 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $117,000 earned; Medicare: 1.45% on all earnings; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned