PART III: Current Liabilities 8 marks Mike Klyn is paid $840 for a 40-hour workweck and time and a half for hours worked above 40. 1. Compute Klyn's gross pay for working 50 hours during the first week of February. 2. Klyn is single, and his income tax withholding is 20 percent of total pay. His only payroll deductions are taxes withheld. CPP of 4.95 percent, and EI of 1.88%. Compute Klyn's net pay for the week