The total payroll of Trolley Company for the month of October, 2017was amounts paid in excess of $118,500 to certain employees excess of the $7,000 maximum subject to union dues were withheld. The state A. ed amounts paid to employees in $600,000 represent d. The state umploment taxes. $180,000 of federal income taxes and $18,000 of on an employee's wages up to $118,500 and 1.45% in excess of $118,500. $180 ployment tax is 1%, the federal unemployment tax is .8%. The current F.LC.A. tax is 7.65% What amount should Trolley record as payroll tax.expensei? A company buys an oil rig for $3,000,000 on January 1,2018. The life of the rig is 10 years and the expected cost to dismantle the rigat the end of 10 years is $600,000 (present value at 10% is$231,330). 10% is an appropriate interest rate for this company. What expense(s) should be recorded for 2018 as a result of these events