Part $1$: Net Pay & Vacation $(18$ Marks$)$An employer provides the following, per weekly pay:Group Medical Coverage, valued at $$50$Life Insurance, valued at $$125$ including HSTRegistered Pension Plan, valued at $$80$Tool Allowance, in the amount of $$100$Meal Allowance, in the amount of $$40$The employee contributes to the following, per weekly pay:United Way Campaign, in the amount of $$20$Garnishment, in the amount of $$75$Parking, in the amount of $$55$Union dues, in the amount of $$130$Group Disability Insurance, in the amount of $$90$Additionally, assume that Income Taxes are deducted at the combined rate of $20\%,$ CPP & EI will NOT max out this pay period and vacation time is accrued, not paid.CPP rate is $5\mathrm{.}95\%$ and annual exemption is $$3500$EI rate is $1\mathrm{.}63\%$Required: a$)$Calculate the employees Net Pay for one weekly pay period, assuming an annual salary of $$117,000$;NOTE: marks will be allocated for clearly labeling and providing calculations for EACH STEP of the six$-$step process model provided.b$)$Assuming the employee was hired exactly $5$ months ago and is entitled to $6$ weeks vacation per annum, use the salary provided to determine how many Vacation days are still banked and what Vacation dollars are owing, after taking $7$ days off.NOTE: Input final answers below and demonstrate ALL calculations.Total Vacation Days Outstanding $=$ #Total Vacation$$Pay$$Accrued$=$$