QUESTION 16 40 Assume that on September 1, 2017, Mom & Pop borrowed $32,000 cash from Frost Bank and signed a promissory note that matures in nine months. The interest rate was 7 percent payable at maturity. The accounting period ends December 31 Assuming the note is paid in full at maturity.in 2018 when the payment of the note is recorded, the credit to Cash will be QUESTION 17 Ava Consulting issued 740 shares of previously unissued common stock with a par value of $1 The selling price for the stock was 56 per share The debit to Cash would be $ QUESTION 18 Assume that on September 1, 2017, Mimi borrowed $47,000 cash from Frost Bank and signed a promissory note that matures in nine months. The interest rate was 6 percent payable at maturity. The accounting period ends December 31 What is the interest expense for the year ended December 31, 2017 on this note? (Do not round until you determine the final answer. Round your final answer to the nearest whole dollar $ QUESTION 19 Emma's Hats, Inc payroll records for the Jan 1-14 pay period show that employees eamed wages totaling $29,618. Employee income taxes totaling $2,666 and FICA taxes totaling $2,183 were withheld from this amount. The net pay was directly deposited into the employees' bank accounts. Assume Emma's Hats must also pay $582 of unemployment taxes for this pay period. for Emma will be s