3. MC.11.72.ALGO Assuming a 360-day year, when a $11,100, 90-day, 5% interest-bearing note payable matures, total payment will be Round your answer to the nearest whole dollar. a $555 b.$11,239 c. $11,655 d.$139 6. MC.11.58.ALGO Assuming a 360-day year, when a $55,200, 90-day, 9% interest-bearing note payable matures, the total payment will be Round your answer to the nearest whole dollar. a $55,200 b.$4,968 I c. $60,168 d.$56,442 Davis and Thompson have earnings of $922 each. The social security tax rate is 6.0%, and the Medicare tax rate is 1.5%. Assuming that these are the only two employees and that neither have reached the maximum earnings subject to FICA taxes, what will be the employer's total FICA taxes for this payroll period? a. $97.00 b.$27.66 c. $49.00 d.$138.30 18. MC. 11.113.ALGO During its first year of operations, a company granted its employees vacation privileges and pension rights estimated at a cost of $25,499 and $13,651, respectively. The vacations are expected to be taken in the next year, and the pension rights are expected to be paid in the future 5-30 years. What is the total cost of vacation pay and pension rights to be recognized in the first year? a. $13,651 b.$25,499 I c.$66,452 d.$39,150 20. Thomas Martin receives an hourly wage rate of $19, with time-and-a-half pay for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $363; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the gross pay for Martin? Round your answer to the nearest whole dollar. a. $931 b.$1,311 c.$1,748 d. $874 21. MC.11.122. ALGO Hall Company sells merchandise with a one-year warranty. In the current year, sales consist of 2,946 units. It is estimated that warranty repairs will average $10 per unit sold and 30% of the repairs will be made in the current year and 70% in the next year. On the current year's Income statement, Hall should show warranty expense of a. $0 b.$8,838 c.$20,622 d. $29,460