4. For each of the following payroll-related taxes, indi- cate whether they generally apply to (A) employees only, (B) employers only, or (C) both employees and employers: 1. Federal income tax 2. Medicare tax 3. Social security tax 4. Federal unemployment compensation tax State unemployment compensation tax SHOW ME HOW BE 10-1 Proceeds from notes payable Obj. 1 On January 26, Nyree Co. borrowed cash from Conrad Bank by issuing a 45-day note with a face amount of $150,000. etermine the proceeds of the note, assuming the note carries an interest rate of 10%. B. Determine the proceeds of the note, assuming the note is discounted at 10%