An employee receives an hourly rate of $16.00, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the first week of the calendar year are as follows: hours worked, 44.00 federal income tax withheld, $137.00; Social security tax rate, 6% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings; state unemployment compensation tax, 3.4% on the first $7,000; federal unemployment compensation tax, .8% on the first $7,000. What is the net amount to be paid the employee? If required, round your answers to the nearest cent. Select the correct answer. O$511.80 O$543.80 O$736.00 O $1,056.00 On January 1 of the current year, the Queen Corporation issued 10% bonds with a face value of $75,000. The bonds are sold for $72,750. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, five years from now. Queen records straight-line amortization of the bond discount. Determine the bond interest expense for the year ended December 31. Select the correct answer. O $625 O $7,500 O$2,250 O $7,950 The Marx Company issued $80,000 of 7% bonds on April 1 of the current year at face value. The bonds pay interest semiannually on January 1 and July 1. The bonds are dated January 1, and mature in five years, on January 1. Determine the total interest expense related to these bonds for the current year ending on December 31. Select the correct answer. O $2,800 O $467 O $5,600 O$4,200