Part B: 1) For the following entry, prepare a journal entry for the employee Fred Noble and the employer ABC Auto. The employee's basic Wage ($22.50 per hour 70 hours) plus 4% Vacation Pay per two-week pay period. The employees CPP and El payment is $35 and $18 respectively for this pay. The employer pays same amount of CPP and 1.4 times the El. Other deductions are as follows: income tax - $20% of gross pay, Union Dues - $20, and WSIB- $12.50. The employee received a payroll loan of $400