Using the following information for a particular employee, prepare payroll entries for the employer as requested below Hourly rate $12.50 Overtime rate (> 40 hours) Double Hours worked income taxes 20% FICA taxes 7.65% Unemployment taxes 6% 46 In the written solution, prepare the journal entries to record: a) Payroll expenses (3 pts) b) Payroll payment ? pts) Payroll taxes expenses. (3 pts) from the options below answer this question: what is the net pay for the employee? Select one s'a $470.28 b. $520.00 C $60028