ritical Thinking Problem 10.1 (Static) Payroll Accounting LO 10-2, 10-3, 10-4, 10-5, 10-6, 10-7 Delta Company pays salaries and wages on the last day of each month. Payments made on December 31, 20X1, for amounts incurred during December are shown below. Cumulative amounts paid prior to the December 31 payroll for the persons named are also shown. Francis Fisher, president, gross monthly salary, $12,000; gross earnings paid prior to December 31, $132,000. Sandy Swartz, vice president, gross monthly salary, $10,000; gross earnings paid prior to December 31, $100,000. Juan Rios, independent accountant who audits the companys accounts and performs certain consulting services, $10,000; gross amount paid prior to December 31, $25,000. Harry House, treasurer, gross monthly salary, $5,500; gross earnings paid prior to December 31, $60,500. Payment to Daily Security Services for Eddie Martin, a security guard who is on duty on Saturdays and Sundays, $1,000; amount paid to Daily Security Services prior to December 31, $10,000