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QUESTION 19 A 60-day note receivable is dated July 10. Calculate the day in September that the note will be due. QUESTION 20 On January

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QUESTION 19 A 60-day note receivable is dated July 10. Calculate the day in September that the note will be due. QUESTION 20 On January 1, 2020, Tully Company, a calendar-year company, issued $240,000 of notes payable, of which $40,000 is due on January 1 for each of the next four years. Calculate the amount reported as long-term debt on December 31, 2020 QUESTION 21 An employee earned 133,000. Assume a FICA tax rate of 7.65% on the first $127.200 in wages, 1.45% on amounts in excess of $127,200, and a federal income tax rate of 30% on all wages. Calculate the employee's net pay. (Answer should be rounded to two decimal places, i.e. 2.986.666 would be entered as 2,986.67) QUESTION 22 Monkil.com sells 29,000 units of its product for $500 each. The selling price includes a one-year warranty on parts. It is expected that 3% of the units will be defective and that repair costs will average $30 per unit Calculate the amount of units that are expected to be defective

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