Exercise 9-9A Calculating payroll LO 9-5 Zolnick Enterprises has two hourly employees: Kelly and Jon. Both employees earn overtime at the rate of 11/2 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. The following information is for the first week in January Year 1: Employee Kelly Jon Hours Worked 54 44 Wage Rate per Hour $32 $26 Required a. & b. Calculate the gross pay and the net pay for each employ answers to 2 decimal places.) for the week. nd the intermediate calculations and your final Kelly Jon a. Gross pay b. Net pay