Madewaska Timber Inc. had the following transact Feb. 14 The board of directors for Madawaska Timber Inc. approved a bonus payout to employees in the amount of $300,000. The source deductions on the bonus earned were CPP of $14,850, which Madawa ka matched: El of 14,890, which matched at 1.4 times, and income taxes of $60,000 and Maly $3,000 to the Union of Forest Workers (UFW) to cover union dues. In addition, Madawaska was required to pay Workers' Compensation Board (WCB) of British Columbia premiums of 6.54% based on the bonus costs Feb. 15 Pold the bonus approved by the board of directors on February 14. Feb 20 Made the remittance to the government related to the February 14 bonus Feb. 21 Made the remittance to UFW related to the February 14 bonus. (a) Your answer is incorrect. Try again. and the total amount that able to the government on Feb. 20. (Round answers to de Determine the amount of the employees' net wages, the total wages expense for Mads places, p. 125.) 165200 Employees' Net Wages Total Wages Expense Total amount that is Payable to the Government BOLT ACCOUNTS SOLUTION (6) Prepare all the journal entries for the transactions listed. (Credit accountries are automatically indented when the amount lentered. Do not Indent manually. If no entry is required select "No entry for the account titles and enter for the amount.) Crede Employee Entry) PME SCREEN PRINTER VERSION MO NET Employer Entry) (Govt Remittance Entry) (UFW Remittance Entry) Attempts of used