Athena Company's salaried employees earn two weeks of vacation per year. It pays $910,000 in total employee salaries for 52 weeks but its employees work only 50. Record Athena Company's weekly journal entry to record the vacation expense: Multiple Choice Debit Vacation Benefits Payable $17,500; credit Vacation Benefits Expense $17,500. O Debit Vacation Benefits Expense $18,915; credit Vacation Benefits Payable $18,915. Debit Vacation Benefits Expense $700; credit Vacation Benefits Payable $700. The chief executive officer earns $21,200 per month. As of May 31, her gross pay was $106,000. The tax rate for Social Security is 6.2% of the first $118,500 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. What is the amount of FICA - Medicare withheld from this employee for the month of June? Multiple Choice O $7,347.00 O $775.00 A company bought new heating system for $70,000 and was given a trade-in of $4,000 on an old heating system, so the company paid $66,000 cash with the trade-in. The old system had an original cost of $63,500 and accumulated depreciation of $57,000. If the transaction has commercial substance, the company should record the new heating system at Multiple Choice $4,000 O $6,500 O 0 $66,000 O