PART IIAt first, Susan and Janet do most of the work themselves or hire contractors to help while they seek out the most qualified employees. After Susan brings Janet on board, the second person hired to the payroll is Marshall Poe, a typesetter. Marshall is hired to work 30 hours a week and is paid an hourly wage of $17.50 an hour. He is paid on a weekly basis and does not receive health insurance or retirement benefits. When Marshall receives his first paycheck, he has $87.00 withheld for federal tax and $23.20 for state tax. Complete this pay stub for Marshall. PART IIINow, you will reflect on your answers in Parts I and II and write a 1-2 paragraph analysis of the impact of salary expenses and payroll tax expense on total expenses and net income for Susan Bradford Watts Design. Prior to hiring Marshall, Susan Bradford Watts Design had recorded $1,000,000 worth of total expenses and $100,000 worth of net income. Analyze the impact of the salary expenses and payroll tax expenses of Marshall’s first week of pay on the company’s total expenses and net income. What is the updated total for each of these quantities? Why? Include an explanation of how a well-organized system of payroll can be important in preventing or solving accounting problems and make informed decisions based on your analysis.