= Homework: Chapter 11 Question 4, Exercise 11-16 (similar to) Part 1 of 3 > HW Score: 0%, 0 of 10 points O Points: 0 of 1 Save Herbert Smith works for a Parisian Pasta takeout for straight-time earnings of $14.25 per hour, with time and a half for hours in excess of 35 per week Smith's payroll deductions include income tax of 21 percent CPP of 4 95 percent on earnings (account for the $3,500 basic annual exemption) and El of 1 66 percent on earnings. In addition, he contributes $30 per week to his Registered Retirement Savings Plan (RRSP) Assume Smith worked 41 hours during the week He has not yet reached the CPP or El maximum earnings levels Required 1. Compute Smith's gross pay and net pay for the week 2. Make a compound general journal entry for June 14 to record the restaurant's wage expense for Smith's work, including his payroll deductions and the employer payroll costs Round all amounts to the nearest cent An explanation is not required Requirement 1. Compute Smith's gross pay and net pay for the week (Round all intermediary and final answers to the nearest cent.) Total gross pay Clear all Check answer