Nicole Hill's weekly gross earnings for the week ending June. 7th were $2,500, and her federal income tax withholding was $525. Assuming the social security rate is 6.2% and Medicare is 1.5% of all earnings.

Question 1: What is Flores' net pay? Round your answer to two decimal places.

Net Pay = Question 2: Please record the companys journal entry to recordNicole Hill's weekly payroll on June 7th. (Note: this payroll was not paid to employee yet) Date Account Name Debit Credit 6/7