Sarah Smith works at College of El Paso and is paid $35 per hour for a 40-hour workweek and time-and-a-half for hours above 40 (Click the icon to view payroll tax rate information.) Read the requirements. Requirements Requirement 2. Smith is single, and her income tax withholding is 20% of total pay. Smith's only payroll deductions are payroll tax limit. (Round all amounts to the nearest cent.) Gross pay Withholding deductions: Employee income tax $ 511.00 Employee OASDI tax 158.41 37.05 Employee Medicare tax Total withholdings $ 2,555.00 706.46 1. Compute Smith's gross pay for working 62 hours during the first week of February. 2. Smith is single, and her income tax withholding is 20% of total pay. Smith's only payroll deductions are payroll taxes. Compute Smith's net (take-home) pay for the week. Assume Smith's eamings to date are less than the OASDI limit 3. Journalize the accrual of wages expense and the payments related to the employment of Sarah Smith. Print Done Net (take-home) pay $ 1,848.54 Requirement 3. Joumalize the accrual of wages expense and the payments related to the employment of Sarah Smith. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin with the entry to accrue wages expense and payroll withholdings for Sarah Smith. (Round all amounts to the nearest cent.) Date Accounts and Explanation Debit Credit the OAS