Hank earns $23.50 per hour with time-and-a-half for hours in…

Hank earns $23.50 per hour with time-and-a-half for hours in excess of 40 per week. He worked 52 hours at his job during the first week of March, 2025. Hank pays income taxes at 15% and 7.65% for OASDI and Medicare. All of his income is taxable under FICA. Determine Hank’s net pay for the week. Do not round any intermediate calculations and round final answer to the nearest cent.

Randall, Inc. purchased land to build an office. In the firs…

Randall, Inc. purchased land to build an office. In the first quarter, the following amounts were incurred:Acquisition of land$142,000Architectural Fee15,700Lawn sprinkler system12,700Building permits3,800Surveys and legal fees2,800Land clearing11,900Contractor charges for building158,000Fencing8,500Material and labor cost for building550,000Install lighting and signage1,300Parking lot2,500What amount should be recorded as the cost of the building in the corporation’s books?