1. A.

Sharae pays $5,000 every six months for 5 years, and the annual interest rate is 4%.

What is the present value of the payments? Round your final answer to the nearest whole number.

B. A UW employee has earned $1,000 in wages in October that will be paid next month in November. UW withholds 23% of all wages paid for employee income taxes and 6.2% or the employees portion of social security and 6.2% for the employers portion of social security. How much 'wages payable' will UW record?

C. An Amazon employee has earned $1,674 wages in October that will be paid next month in November. Amazon withholds 20% of all wages paid for employee income taxes and 6.2% or the employees portion of social security and 6.2% for the employers portion of social security. How much will Amazon's net income decrease by for all the journal entries related to the transactions above? (round to the nearest dollar)