5) A coal mine cost $1,003,000 and is estimated to hold 54,000 tons of coal. There is no residual value. During the first year of operations, 11,000 tons are extracted and sold. Calculate depletion expense for the first year. (Round any intermediate calculations to the nearest cent.) A) $100,300 B) $150,450 C) $200,600 D) $204,270 14) 14) Angie's gross pay for the week is $970.00. Her deduction for federal income tax is based on a rate of 20%. She has voluntary deductions of $220.00. Her year-to-date pay is under the limit for OASDI. What is the amount of FICA-Medicare Tax deducted from her pay? (Assume a FICA OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Do not round any intermediate calculations, and round your final answer to the nearest cent.) A) $194.00 B) $14.07 C) $60.14 D) $268.21 33) 33) Bentley Corporation received cash from issuing 17,000 shares of common stock at paron January 1, 2018. The stock has a par value of $0.05 per share. Which is the correct journal entry to record this transaction? A) Cash is debited for $850, and Common Stock-$0.05 Par Value is credited for $850. B) Cash is credited for $17,000 and Common Stock-$0.05 Par Value is debited for $17,000. C) Paid-In Capital in Excess of Par-Common is debited for $16,150, and Common Stock-$0.05 Par Value is credited for $16,150. D) Cash is debited for $17,000, Common Stock-$0.05 Par Value is credited for $850, and Paid. In Capital in Excess of Par-Common credited for $16,150