Hermosa Vista Company issued $200,000 5-year, 700% bonds and received $202,277 in cash. The market rate of interest when the bonds were issued was 6.50%. What is the amount of interest expense to be recorded for the first annual interest period if the company uses simplified effective interest amortization? Multiple Choice $14,159.39 O $13,148.01 O $14,000.00 O O $13,000.00 Thomas Longbow is the only employee of Presido, Inc. During the first week of January, Longbow earned $1,000.00 and had federal and state income tax withholdings of $50.00 and $18.75, respectively. FICA taxes are 7.65% on earnings up to $117,000. State and federal unemployment taxes for the period are $62.50 and $10.00, respectively What is Presido's payroll tax expense for the week? Multiple Choice $141.25 Oo oo $21775