Kai is the president of Zebra Antiques. An employee, Reese Francis, is due a raise. Reese's current benefit analysis is as follows: Yearly Benefit Costs Medical insurance Dental insurance Life insurance AD&D Short-term disability Long-term disability 401(k) Social Security Medicare Tuition reimbursement Total yearly benefit costs (employer) Employee's annual salary The total value of the employee's compensation Required: Compute the benefit analysis assuming: 3 percent increase in pay. Company Cost (Current) $ 7,300.00 Employee Cost (Current) $ 1,095.00 190.00 190.00 384.00 0 192.00 0 76.80 0 38.40 960.00 1,920.00 3,888.33 909.37 ° 3,888.33 909.37 2,700.00 $ 16,638.90 64,000.00 $ 80,638.90 • Reese will increase the 401(k) contribution to 8 percent with a company match of 50 percent up to a 3 percent contribution by the employer. • 15 percent increase in medical and dental insurance premiums. Note: Round your answers to 2 decimal places. Yearly Benefit Costs Company Cost (New) Employee Cost (New) Medical insurance $ 8,395.00 $ 1,259.25 Dental insurance $ 218.50 $ 218.50 Life insurance $ 384.00 0 AD&D $ 192.00 0 Short-term disability $ 76.80 0 Long-term disability $ 38.40 0 401(k) $ 5,273.60 Social Security Medicare Tuition reimbursement $ 2,700.00 0 Total yearly benefit costs (employer) Employee's annual salary $ 65,920.00 The total value of the employee's compensation $ 65,920.00

What information is provided by this statement?  Describe the steps to create the statement - choose either the direct or indirect method in your response.

Can i have the steps in formula form please

show journal entry (for part b) assuming estimate is considered to be accurate. and show a journal entry (from part b) assuming the amount is large enough to intentionally impact decision of users.

Please show the calculations for one of them how the NRV(b is received.