15. Art earned $25,500 salary as an employee in 2017. How much should his employer y withheld from his paycheck for FICA taxes (rounded to the nearest whole dollar amount)ha a. $370 b. $1,581 c $1,951 d. $3,902 e. $1,913 16. Don operates a sole proprietorshi following expenditures: p using the cash method. This year Don made the 5600 to GECI Bank for 12 months of interest accruing on a business year through July 31st of next year loan from August 1st of this $600 for 12 months of property insurance beginning on July What is the maximum amount Don can deduct this year? a. $1,000 b. $850 c. $760 d. $600 e. $460 17. Skip started a wholesale store this year selling bulk peanut butter. In January of this year Skip purchased an initial five tubs of peanut butter for a total cost of $5,000. In July Skip purchased three tubs for a total cost of $6,000. Finally, in November Skip bought four tubs for a total cost of $2,000. Skip sold six tubs by year end. What is Skip's ending inventory under the FIFO cost-flow method? a. $12,000 b. $1,000 c. $5,000 d. $2,500 e. $6,000