Please provide explanation for Question 2 and 4.

2. Jat borrowed 1000 on July 12017.Interest on the note was 10%. Record the interest on 12/31/2017 a. 500 b. 50 c. 100 d. 1000 3. Companies must record plant assets at a. Cost b. Market Value Replacement cost None of the above C. d. 4. Bob earns $100/hour and works 40 hours in June. Bob tax withholding is 100. FICA is 10%.Calculate NET PAY a. 4000 b. 3600 C. 3500 d. 4500