Question: This is literally the entire question, I cannot provide any more information than this. Employee ID First name Last name Job classification Jan Sales 1001
This is literally the entire question, I cannot provide any more information than this.


| Employee ID | First name | Last name | Job classification | Jan Sales |
| 1001 | Mary | Stevens | Senior Sales Rep | $ 85,000 |
| 1002 | Larry | Anderson | Senior Sales Rep | $ 72,000 |
| 1003 | Sunil | Gupta | Junior Sales Rep | $ 35,000 |
| 1004 | Sarah | Ellis | Junior Sales Rep | $ 61,500 |
| 1005 | Timothy | Chau | Junior Sales Rep | $ 48,000 |
Charisa Williams is the sales manager of an online financial data service company that specializes in providing brokerage independent financial analysts with up-to-date financial market data and analysis. She keeps track of the commissions of her her team in January. She expects the sales amount to increase by 5% each month for the senior sales representatives and 3% for the junior sales representatives. The base monthly salaries are $3,000 and $2,000 for senior and junior sales representatives, sales representative exceeds $100,000, he or she receives a 5% bonus on the commission of that month. The personal income tax rates are 15% for up to $1,999,22% for up to $4,999,27% for up to $9,999, and 30% for anything beyond $9,999. a. Modify the partially-completed spreadsheet model to help Charisa Williams compute the monthly incomes (both before- and aftertax) of her sales team members for the entire year. What is the team's total sales for the entire year? Note: Round your answer to 2 decimal places. b. What is the total of before-tax annual compensations of the entire sales team? What is the total for after-tax annual compensations of the entire sales team? Note: Round your answers to 2 decimal places. c. The firm is forecasting an economic recession this year; therefore, instead of a monthly increase in sales, the firm is projecting a monthly decrease in sales by 3% and 5% for the senior and junior sales representatives, respectively. What will be the total sales, total before-tax compensations, and total after-tax compensations for the entire sales team? Note: Round your answers to 2 decimal places. Charisa Williams is the sales manager of an online financial data service company that specializes in providing brokerage independent financial analysts with up-to-date financial market data and analysis. She keeps track of the commissions of her her team in January. She expects the sales amount to increase by 5% each month for the senior sales representatives and 3% for the junior sales representatives. The base monthly salaries are $3,000 and $2,000 for senior and junior sales representatives, sales representative exceeds $100,000, he or she receives a 5% bonus on the commission of that month. The personal income tax rates are 15% for up to $1,999,22% for up to $4,999,27% for up to $9,999, and 30% for anything beyond $9,999. a. Modify the partially-completed spreadsheet model to help Charisa Williams compute the monthly incomes (both before- and aftertax) of her sales team members for the entire year. What is the team's total sales for the entire year? Note: Round your answer to 2 decimal places. b. What is the total of before-tax annual compensations of the entire sales team? What is the total for after-tax annual compensations of the entire sales team? Note: Round your answers to 2 decimal places. c. The firm is forecasting an economic recession this year; therefore, instead of a monthly increase in sales, the firm is projecting a monthly decrease in sales by 3% and 5% for the senior and junior sales representatives, respectively. What will be the total sales, total before-tax compensations, and total after-tax compensations for the entire sales team? Note: Round your answers to 2 decimal places
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