1.) Keith, an employee of Sunbeam, Inc., has gross salary for May of $6,000. The entire amount is under the OASDI limit of $118,500 and thus subject to FICA. He is also subject to federal income tax at a rate of 21%. Which of the following is a part of the journal entry to record the disbursement of his net pay? (Assume a FICAlong dashOASDI Tax of 6.2% and FICAlong dashMedicare Tax of 1.45%. Round the final answer to the nearest dollar.)

2.)

Land Corporation reported the following:

Common Stock, $5.00 par, 209,000 shares authorized, 179,000 shares issued	$895,000
Paid in Capital in Excess of ParCommon	203,000
Retained Earnings	232,000
Total Stockholders' Equity	$1,330,000

Which of the following is included in the entry to record the corporation's purchase of 40,000 shares of its common stock for $14.50 per share?