TB MC Qu. 09-149 (Algo) On December 1, Watson Enterprises... On December 1, Watson Enterprises signed a $30,000,60-day, 6% note payable as replacement of an account payable with Erikson Company. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.) Mutiple Choice 50 5150 $600 TB MC Qu. 09-134 (Algo) An employee earned... An employee earned \$5,500 in February working for an employer. The Federal Insurance Contributions Act (FiCA) tax rate for Social Security is 6.2% of the first $137,700 earned during each calendar year and the Federal Insurance Contributions Act (FICA) tax rate for Medicare is 1.45% of all earnings. The employee has $734 in federal income taxes withneid and has voluntary deductions for health insurance of $50 and contributes $550 to a retirement plan each month. The employer pays the $240 remainder of the health insurance premium and an equal amount of contribution to the retirement fund. What is the amount of net pay for the employee for the month of February? Multiple Choice 53,745.25 54,216,00