B fx Accessibility tab summary: Given information for this question is presented in rows 2 through 10. Requirement information is presented in rows 12 through 32. D E F G H | J A Zolnick Enterprises has two hourly employees-Kelly and Jon. Both employees earn overtime at the rate of 1 times the hourly rate for hours worked in excess of 40 per week. Assume the Social Security tax rate is 6 percent on the first $110,000 of wages, and the Medicare tax rate is 1.5 percent on all earnings. Federal income tax withheld for Kelly and Jon was $260 and $220, respectively, for the first week of January. The following information is for the first week in January Year 1. Kelly Jon Employee Hours Worked 54 Wage Rate per Hour $32 44 $26 Required a. Calculate the gross pay for each employee for the week. b. Calculate the net pay for each employee for the week. (Round intermediate calculations and your final answers to 2 decimal places.) (Use cell references from the given information above to complete this question.) 1.5 40 6% $110,000 1.5% $260 $220