Take me to the textWater Cruises rents canoes and other water crafts to campers and hikers. On June $15,2021,$ Water Cruises prepared their semi$-$monthly payroll for their employees. The current CPP rate is $5\mathrm{.}45\%,$ the current. El rate is $1\mathrm{.}58\%,$ 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 June $15,2021$ is listed below.Employee Total Hours Hourly Rate Total Health CareM. SwiftS. CurrentB. Wavey$76\mathrm{.}088\mathrm{.}078\mathrm{.}0$$$18\mathrm{.}00$$$16\mathrm{.}00$$$16\mathrm{.}00$$$18\mathrm{.}00$$$20\mathrm{.}00$$$19\mathrm{.}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 RegisterEmployeeDeductionsGrossIncome TaxCPP$*$EIHealth CareTotal DeductionsNet PayM. Swift$ $1368$~$$$S$.$ Current$ $1408$$$$B$.$ Wavey$ $1560$$$Total$$$$$*$Remember to properly account for the $$3,500$ exemptionb$)$ Calculate the employer contributions.Employer ContributionsHealth Care $c$)$ Prepare the payroll journal entries for June $15,2021$ 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.QA$"$Engush $($en$)$DateAccount Title and ExplanationDebitCredit$2021$Jun $15$Record payrollJun $15$Record additional employer expensesd$)$ Prepare the entry to pay the employees on June $17,2021.$DateAccount Title and ExplanationDebitCredit$2021$Jun $17$Pay employeese$)$ Prepare the entry to pay the liability to the health insurance company on June $30,2021.$CreditDateAccount Title and ExplanationDebit$2021$Jun $30$Pay health care liabilityf$)$ Prepare the entry to pay the liabilities to the government on July $15,2021.$Account Title and ExplanationDebitCreditDate$2021$Jul $15+$English $($en$)-$Anmol kaurPay payroll liabilities to the government