Small Co., a sole proprietorship based in Truro, has two employees, Jim Roy and Janice Alter. The owner of Small Co. is Bert Ryan. During the current pay period, Jim has worked 48 hours and Janice 56. The reason for these extra hours is that both Jim and Janice worked their regular 40-hour work week plus Jim worked 8 extra hours on Sunday while Janice worked 8 extra hours on Saturday as well as Sunday. Their contract with Small Co. is that they are each paid an hourly rate of $14 per hour with all hours over 40 per week to be at time-and-a-half and all hours on Sunday to be paid at double time. Bert, the owner, believes he is also entitled to a salary since he works many hours. He plans to pay himself $750 per week.
As the accountant of Small Co., calculate the gross pay for Jim and Janice and offer some advice to Bert regarding his salary.