A retail store does not segregate sales and the amount of sales tax on sales. If the sales tax rate is 11% and the register total amounted to $156,500, what is the amount of the sales taxes owed to the taxing agency? Select one: a. The answer does not exist b. $6,500 c. $6,825 d. $130,000 e. $136,500 In the month of May, Kayak Company Inc. wrote checks in the amount of $81,000. In June, checks in the amount of $112,000 were written. In May, $77,000 of these checks were presented to the bank for payment, and $96,000 in June. What is the amount of outstanding checks at the end of May? on Select one: a. $12,000 b. The answer does not exist c. $36,00 d. $14,006 e. $4,000 South Company borrows $88,500 on Septemberi, 2019, from State Bank by signing an $88,500, 12%, one-year note. What is the accrued interest at December 31, 2019? Select one: a. $2,655 on b. $10,620 c. The answer does not exist d. $3,450 e. $4,425