A company issued 10-year, 775% bonds with a face value of $100,000. The company received $97,917 for the bonds. Using the straight-line method of amortization, the amount of interest expense for the first annual interest period is Multiple Choice $7,54170 $7750.00 $7.958.30 $208300 On October 1, 2021, Highview Company borrows $217,000 on a three-year note that requires the company to pay is interest on March 31 and September 30. On December 31, 2021, the adjusting entry to accrue interest on the note should debit Multiple Choice interest Expense and credit interest Payable for $4.340 Interest Expense and credit Cash for $8,680. Interest Payable and credit interest Expense for $4,340 Interest Expense and crede interest Payable for $8,660 Thomas Longbow is the only employee of Presido, Incorporated During the first week of January, Longbow earned $4,200.00 and had federal and state income tax withholdings of $210,00 and $78.75, respectively FICA taxes are 265% on earnings up to $132,900. State and federal unemployment taxes for the period are $262.50 and $42.00, respectively What would be the amount of Longbow's payroll check for the first week of January? Multiple Choice $3,589.95 $3.285.45 $3.87870 $4,200.00