12 A one-year, $22,200, 12% note is signed on April 1. If the note is repaid on November 1 of the same year, how much interest expense is incurred? (Do not round intermediate calculations.) Multiple Choice $1,776 $1,332 $2,664 $1,554 13 Holly, Incorporated has a building that originally cost $430,000. Holly expects to be able to sell the facility for $115,000 at the end of its useful life. The balance of the related Accumulated Depreciation account is $247,500. The depreciable cost of the facility is: Multiple Choice $182,500. $132,500. $315,000. $115,000