Open any spreadsheet program and explore the different menus and commands it contains. Then, create a new worksheet and enter the employee details as given in the table below. Add two more columns titled Monthly Tax and Net Basic Pay. A tax of 6.2 percent is calculated on the basic pay as a Social Security tax. Calculate the Monthly tax for each employee. Deduct the tax from the basic pay to calculate the net pay for each employee. Paste a screen grab of the worksheet you created.

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)