Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 1531.

Gross payroll	$17,423		Federal income tax withheld	$3,200
Social security rate	6%		Federal unemployment tax rate	0.8%
Medicare rate	1.5%		State unemployment tax rate	5.4%

Salaries Payable would be recorded in the amount of

a.$12,916.28

b.$17,423.00

The following is the adjusted trial balance for Stockton Company.

Stockton Company Adjusted Trial Balance December 31
Cash	5,545
Accounts Receivable	2,932
Prepaid Expenses	712
Equipment	15,766
Accumulated Depreciation		6,701
Accounts Payable		1,640
Notes Payable		5,980
Common Stock		1,000
Retained Earnings		7,411
Dividends	893
Fees Earned		7,494
Wages Expense	2,836
Rent Expense	850
Utilities Expense	339
Depreciation Expense	266
Miscellaneous Expense	87
Totals	30,226	30,226

Determine the current assets.

a.$9,189

b.$8,411

c.$18,254

d.$30,226

c.$13,142.77

d.$11,836.05