5. Ace Appliances sells dishwashers with a 3-year warranty. They expect 3% of the dishwashers to need repairs in year 1,7% in year 2 and 15% in year 3. They sell 500 dishwashers in 2009 with the warranty in effect from 2009 to 2011. Each repair is estimated at $40. 114% of the dishwashers need repairs in 2009, what is the 2009 warranty expense? 6. An employee's hourly rate is $25, with time-and-a- half for hours over 40 hours. FICA is withheld at the rate of 8%, federal income tax withholding is 15% and state income tax withholding is 3%. What is the employee's net pay if the employee worked 45 hours this week? Round to the nearest dollar
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