Payroll Summary The following data for Flexco Inc. relate to the payroll for the week ended December 9: Hours Hourly Weekly Federal U.S. Savings Carlton Employee Worked Rate Salary 52 $50.00 Income Tax Bonds $667.00 $60 Grove $4,000 860.00 100 Johnson 36 52.00 355.68 0 Koufax 45 58.00 578.55 44 Maddux 37 45.00 349.65 62 Seaver 3,200 768.00 120 Spahn 46 52.00 382.20 0 Winn 48 Young 43 50.00 54.00 572.00 480.60 75 80 Employees Grave and Seaver are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1 times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6.0% of each employee's annual carnings, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 328. Required: 1. Prepare a payroll summary for Flexco Inc. for the week ended December 9. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers. Round your intermediate calculations and final answers to the nearest whole cent (two decimal places). Payroll for Week Ending December 9 EARNINGS DEDUCTIONS PAID Social Total Employee Hours Regular Overtime Total Carlton Grove Johnson 36 Koufax 45 Maddux 37 Seaver Spahn 46 Winn 48 52 $ U.S. Security Medicare Income Savings Tax Tax Bonds $667.00 $60.00 $ 100.00 Federal Total Net Pay $ ACCOUNTS DEBITED Sales Office Salaries Salaries Ck. No. Expense Expense 328 860.00 329 355.68 330 578.55 44.00 331 349.65 62.00 332 768.00 120.00 333 382.20 334 572.00 75.00 335 Young 43 480.60 80.00 336 Totals $