You recently hired your first employee to work at your business here in Charleston. You pay your employees on the 7th and 22nd of each month. The employee is paid $15 per hour, and the employee worked 72 hours during the last pay period. According to their Form W-4, the employee is single and claims one withholding allowance. REQUIRED Calculate the employee's paycheck: Gross Pay, Social Security, Medicare, Federal Income Tax, State Income Tax, and Net Pay. I. Social Security and Medicare are withheld at statutory rates. Use the Wage Bracket Method Tables for Income Tax Withholding in IRS Publication 15 for Federal Income Tax withholding (https://www.irs gov/publirs-pdfpl5.pd) and the SC Withholding Tax Tables for SC Income Tax withholding (https://dor.sc.gov/forms-site/Forms/H11603 2016pdi. 2. Record the lournal entry that would be recorded in the company's Generl Jlournal to record the paycheck. Ignore Federal and State unemployment taxes