21 Check my eBook References The current Federal Unemployment Taxes (FUTA) tax rate is 0.6%, and the State Unemployment Taxes (SUTA) tax rate is 5.4%. Both taxes are applied to the first $7,000 of an employee's pay. Assume that an employee earned total wages of $10,300. What is the amount of total unemployment taxes the employer must pay on this employee's wages? Multiple Choice $618.00. $556.20. $420.00. $0.00. 48 eBook References On January 1 of Year 1, Congo Express Airways issued $3,250,000 of 7% bonds that pay interest semiannually on January 1 and July 1. The bond issue price is $2,970,000 and the market rate of interest for similar bonds is 8%. The bond premium or discount is being amortized at a rate of $9,333 every six months. The company's December 31, Year 1 balance sheet should reflect total liabilities associated with the bond issue (including Interest) in the amount of: Multiple Choice O $3,511,334. $3,102,416. $3,625,084. $2,874,916