A PAYROLL Program Inputs Employee Name, Number Of Hours Worked And Hourly Rate. Assume No More Than 100 Employees The Following Is A List Of Variables And Constants Required By The Program - An End Of File Indicator A Counter For The Number Of Records Processed - FICA (Social Security) Rate Of 7 65% Federal Tax Rate Of 20% State Tax Rate Of 5% Gross Pay For

ARE-THERE-MORE-RECORDS PIC X(3) VALUE \"YES\". 05 NUM-RECORDS-PROCESSED PIC 9(3) VALUE ZERO. 05 FICA-RATE PIC 9V9(4) VALUE 7.65. 05 FED-TAX-RATE PIC 9V9(2) VALUE 20. 05 STATE-TAX-RATE PIC 9V9(2) VALUE 5. 05 GROSS-PAY PIC 9(5)V9(2) 05 NET-PAY PIC 9(5)V9(2) WORKING-STORAGE SECTION 01 WORK-AREAS. 05 ARE-THERE-MORE-RECORDS PIC X(3) VALUE \"YES\". NUM-RECORDS-PROCESSED PIC 9(3) VALUE ZERO. 05 FICA-RATE PIC 9V9(4) VALUE 0.0765 05 FED-TAX-RATE PIC 9V9(2) VALUE 0.20. 05 STATE-TAX-RATE PIC 9V9(2) VALUE 0.05. 05 GROSS-PAY PIC ZZZZ9V9(2) 05 NET-PAY PIC ZZZZ9V9(2) 05