Proceeds from Notes Payable On January 26, Vibrant Co. borrowed cash from Conrad Bank by issuing a 30-day note with a face amount of $54,000. Assume a 360-day year. a. Determine the proceeds of the note, assuming the note carries an interest rate of 10%. $ b. Determine the proceeds of the note, assuming the note is discounted at 10%. Employee Net Pay Kenneth McFarland's weekly gross earnings for the week ending March 9 were $1,850, and her federal income tax withholding was $270.00. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is McFarland's net pay? If required, round your answer to two decimal places