125% v Zoom =5] Q Insert Table Chart Budget Assignment 40 points = m @ [~} Text Shape Media Using the PowerPoint as a reference, solve these problems. These are dollar amounts; round numbers to two decimals. 1Each position will get a merit increase on January 1, 2024. Figure their new yearly salary. (4pts x 3 =12 points) Position Yearly Salary % Raise New 2024 Salary ER Coder $40,000 Analyst $28,500 File Clerk $22,375 2% 2.5% 4% 2Starting January 1, 2025 of the new year, there will be a reduction in the number of hours for the department from 40 hours to 36 hours per position. What is the adjusted total yearly salary for each position? HINTS: * How many weeks in a year? * How many hours worked in 2024? * How many hours worked in 2025? (2pts x 6 =12 points) Position Hourly Rate After Increase 2025 Yearly Salary ER Coder Analyst File Clerk 3How much did the company save by cutting back each position by 4hrs/week? What was the total savings? (4 pts x 4 = 16 points) Position Company Savings ER Coder Analyst File Clerk TOTAL SAVINGS S s Nothing selected. ct or text to format