Problem 10.1A (Static) Computing gross earnings, determining deductions, journalizing payroll transactions. LO 10-2, 10-3, 10-4, 10-5, 10-7 Robin Market works for Cycle Industries. Her pay rate is $14.50 per hour and she receives overtime pay at one and one half times her regular hourly rate for any hours worked beyond 40 in a week. During the pay period that ended December 31, 20X1. Robin worked 42 hours. She is married and claims three withholding allowances on her W-4 form Robin's cumulative earnings prior to this pay period total $32,000. This week's wages are subject to the following deductions: 1. Social Security tax at 6.2 percent 2 Medicare tax at 1.45 percent 3. Federal income tax (use the withholding table shown in Figure 10 2b) 4. Health and disability Insurance premiums, $180 5. Charitable contribution, $25 Required: 1. Compute Robin's regular, overtime, gross, and net pay 2. Assuming the weekly payroll has been recorded. Journalize the payment of her wages for the week ended December 31 Analyze: Based on Robin's cumulative earings through December 31, how much overtime pay did she earn this year? Complete this question by entering your answers in the tabs below. Re 1 Rea 2 Analyze compute. Pobins regular overtime. gross. and net pay Round your intermediate calculations and final anters to permal place Complete this question by entering your answers in the tabs below. Req1 Reg 2 Analyze Compute Robin's regular, overtime, gross, and net pay. (Round your intermediate calculations and final answers to 2 decimal places.) Employee Name Hourly Rate - Regular Hours Hours Worked Robin Market 3 14.50 4200 Regular Time Pay Overtime Pay Gross pay Less Ney Req2 Reg1 Reg 2 Analyze Assuming the weekly payroll has been recorded, journalize the payment of her wages for the week ended December 31, 20X1. (Round your intermediate calculations and final answers to 2 decimal places.) View transaction list Journal entry worksheet 1 > Record the issuance of check for weekly payroll. Note: Enter debits before credit General Journal Debit Credit Date Dec 31 20X1 Record entry Clear entry Veneral journal 1. Compute Robin's regular, overtime, gross, and net pay. 2. Assuming the weekly payroll has been recorded, journalize the payment of her wages for the week ended December 31 Analyze: Based on Robin's cumulative earnings through December 31, how much overtime pay did she earn this year? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Analyze Based on Robin's cumulative earnings through December 21. how much overtime pay did she earn this year? (Round your intermediate calculations and final answers to 2 decimal places) Cumulative earnings Gross pay for the year Overtime pay for the year Reg 2 Po