O Search View Help I 2 3 5 Grant Co. had the following liabilities at December 31, the end of its fiscal year: $56,000 Accounts Payable 12,200 Salaries Payable 8,900 Unearned Fees 3,200 Income Taxes Payable Notes Payable The note payable is an 8-year note with $30,000 due in the next year. Prepare the liabilities section of the balance sheet for the company. 240,000 Grant Co, Balance Sheet December 31 Current liabilities: Total current liabilities: Long- term liabilities Total liabilities Martin Jackson receives an hourly wage rate of $15, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 47: federal income tax withheld, $311; social security tax rate, 6.0% ; and Medicare tax rate, 1.5% , What is the net amount to be paid to Jackson? a. $1,042.19 b. $757.50 C. $389.69 d. $1.000.69 a