Proceeds from Notes Payable On September 1, Bella Salon Company issued a 30-day note with a face amount of $68,400 to Delilah Hair Products Company for merchandise inventory. Assume a 360-day year. a. Determine the proceeds of the note, assuming the note carries an interest rate of 7%. 68,400 S b. Determine the proceeds of the note, assuming the note is discounted at 7%. $ 68,799 x Employee Net Pay Maxwell Friedman's weekly gross earnings for the week ending December 18 were $1,940, and his federal income tax withholding was $349.2. Assuming the social security rate is 6% and Medicare is 1.5% of all earnings, what is Friedman's net pay? If required, round your answer to two decimal places