1. Perfect Pet Company gave a creditor a 90-day, 6% note payable for $28,000 on December 1, 2019. What amount of interest will be accrued as of December 31, 2019? Where will this amount be reported in the company's financial statements? Calculate the interest accrued for each of the following notes payable owed by Boundas Resorts as of December 31, 2019: Lender Roof Point Second Bank Step Up Date of Note 10/01/19 12/01/19 3/31/19 Principal $90,000 $45,000 $30,000 Coupon Rate 10.0% 8.0% 9.0% Term 6 months 90 days 1 year 3. Cambridge has 500,000 shares of $3 par value common stock outstanding. The current market price of the stock is $225 per share. Cambridge distributes a stock dividend of 15% of the outstanding shares of common stock. Required: Record the journal entry when the stock dividend is declared and the journal entry when the stock dividend is paid