Which of the following is true of the incidence of strikes?

1.Employer and union stability and stability in the employer’s supplier market are associated with higher strike incidence rates.
2.Strikes decrease as unemployment falls and inflation rises.
3.Strikes are more frequent when the parties’ relative risks have substantially changed since earlier negotiations.
4.Lower proportions of unionized employees in an industry are related to higher strike and wage levels.

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.