6. (10 points) Amy cams $12,000 per month as the only employee of Adams, Inc. Social Security taxes withheld on her salary are 5744, Medicare tax withheld is $174, and Federal income taxes withheld are $1,200. There is no State income tax or other payroll deductions. Amy is paid on the first Friday after the end of each month Use the following accounts for parts a and b: Salaries Expense, FICA (Social Security) Payable, FICA (Medicare) Payable, Employee Federal Income Tax Payable, Salaries Payable, and Payroll Tax Expense. a) Prepare the employee's payroll journal entry made by Amy's employer for the month of April (on April 30): b) Refer to the payroll data above. Adams, Inc. must match the amounts withheld from Amy's pay for FICA (Social Security) and FICA (Medicare). Prepare Adams' payroll tax journal entry for the month of April (on April 30): c) How much money will be paid for FICA (Social Security) by both Amy and her employer for the month of April? 7. (5 points) On November 30, 2019, Harahan, Inc. borrows $240,000 from Kenner Bank by signing a 90-day 4% Note Payable for S240,000. a) Calculate the total interest Harahan will pay on this loan (use a 360-day year). b) Prepare the adjusting Journal Entry to record Harahan's Interest Expense on December 31, 2019 (use 30 days and a 360-day year). c) Prepare Harahan's Journal Entry when it pays back the loan on March 1, 2020 (for 2020 Interest Expense use 60 days and a 360-day year)