A company has three employees. Total salaries for the first pay period in January (1/15) were $8,000. The federal income tax rate for all employees 15 The FICA social security tax rate is 6.2 and the FICA-Medicare tax rate is 1.45% Calculate the amount of employee taxes withheld and prepare the company's journal entry to record the January payroll assuming these were the only deductions. (10 points) Debit Credit 15) On January 1, a company issued bonds with a stated contract) Interest rate of 10%, a maturity date of 10 years and a par value of $1,000,000. The bonds were sold for $885,295 because the market interest rate was 12% Interest is paid semiannually on June 30 and December 31. A) Prepare an amortization table for the first two interest payments. Please round to the nearest whole dollar. (10 points) Semiannual Interest Period Cash Interest Pald Bond Interest Expense Discount Amortization Unamortized Discount Carrying Value B) Prepare the journal entry to record the first semiannual interest payment. (6 points) Date Account Titles Debit Credit C) Prepare the journal entry to record the second semiannual interest payment. (6 points) Date Account Titles Debit Credit Page 4