4.Assume that the payroll records of Crosby Oil Company provided the following information for the...

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4.Assume that the payroll records of Crosby Oil Company provided the following information for the weekly payroll ended November 26,2021:Federal and Year-to-DateHourlyProvincialEarnings ThroughEmployeeHours WorkedPay RateIncome TaxUnion Dues Previous WeekC. White44$30$240$9$67,000J. Wozowski461065523,200K. Hurt391405,100M. Khan4222169763,200Additional information:All employees are paid overtime at time and a half for hours worked in excess of 44 per week. The CPP rate is 5.45% less a basic annual exemption of $3,500 per employee.The employment insurance deduction is 1.58%.Maximum pensionable earnings are $61,600 and maximum insured earnings for EI are $56,300.Instructionsa)Prepare the payroll register for the pay period.b)Prepare general journal entries to record the payroll and payroll costs.

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