2. A 12%, 1-year, $10,000 note payable was issued on October 1, 2021. Assuming no interest had been accrued or paid previously, how much interest expense should be accrued on December, 31, 2021? $1,200 $300 a) b) c) d) $200 $0 3. e) None of the above Gross earnings for a pay period are $100,000. Required payroll deductions are: Social Security $6,700; Medicare $1,450; Federal Income tax $10,000; State Income tax $2,500; Federal Unemployment taxes of $1,500 and State Unemployment taxes of $800. How much cash will be paid to employees? a) $100,000 $79,350 $77,050 b) c) d) $10,450 None of the above