Take me to the text Water Cruises rents canoes and other water crafts to campers and hikers. On February 15, 2019, Water Cruises prepared their semi- monthly payroll for their employees. The current CPP rate is 5.1%, the current El rate is 1.62%, and the appropriate income tax rate is 22%. The employer pays half of the health care premium, and the employees pay the other half. Assume the employer contributes 100% toward CPP and 140% toward El. Payroll information for February 15, 2019 is listed below. Employee Total Hours Hourly Rate Total Health Care M. Swift 71.0 $15.00 $18.00 S. Current 83.0 $14.00 $16.00 B. Wavey 78.0 $13.00 $16.00 Do not enter dollar signs or commas in the input boxes Round your answer to 2 decimal places a) Calculate gross and net pay for each employee. Payroll Register Deductions - Employee Gross Income Tax CPP Health Care Net Pay Total Deductions $ $ $ $ $ 5 $ M Swift $ $ $ $ 5 S. Current 5 $ 5 5 $ $ $ B. Wavey $ $ 5 $ $ Total *Remember to properly account for the $3,500 exemption b) Calculate the employer contributions. Employer Contributions CPP* $ $ Health Care $ c) Prepare the payroll journal entries for February 15, 2019 to record the salaries payable to the employees and accrue the employer contributions. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Feb 15 . . . Record payroll Feb 15 + Feb 15 > Record additional employer expenses d) Prepare the entry to pay the employees on February 17, 2019. Date Account Title and Explanation Debit 2019 Credit Feb 17 e Pay employees e) Prepare the entry to pay the liability to the health insurance company on February 28, 2019. Date Account Title and Explanation Debit Credit 2019 Feb 28 Pay health care liability f) Prepare the entry to pay the liabilities to the government on March 15, 2019. Date Account Title and Explanation Debit Credit 2019 Mar 15 . . Pay payroll liabilities to the government Check