4 Williams Inc. has collected payroll data for the most recent weekly pay period. Employee Reg. Overtime Pay Rate Plan Tax Cumulative Hours Hours Contribution Withheld Earning to End of Prior Period R. Doll 35 22.40 50.00 186.25 9,500.00 F. Fillip Salary 2,220.00 125.00 400.00 39,000.00 J. Sweeny 40 51 13.00 23.00 90.00 17,250.00 IK. Frank 30 61 16.00 50.00 180.00 53,000.00 S. Wong 35 9 11.00 31.00 130.00 14,120.00 CPP is 4.95% on the annual pensionable earnings of $50,100 ($55,900 maximum with the first $3,500 exempt), matched by the employer, and Elis 1.66% to a maximum of $51,700 annually, with the employer paying 1.4 times the employees' contributions. Williams' pension plan allows the employee to make designated contributions which are matched by the company. F.Fillip is an administrative employee, and the other employees are shop workers. Employees are paid time and a half for any overtime work. Prepare the journal entries to record:(a) The payroll accrual.(b) The employer payroll tax expense. (C) The employees fringe benefits. (Salary x 0.0495) (Salary x 0.0166) Salary CPP El Deduction R. Doll 918.40 45.46 15.25 F. Filip 2,200.00 108.90 36.52 J. Sweeny 617.50 30.57 10.25 IK. Frank 624.00 Exempt 10.36 S. Wong 533.50 26.411 8.86 Total 4,893.40 211.34 81.23 *Note that K.Frank would have already paid the maximum CPP and El for the year. 2 Prey 2 of 2 Next