16 On September 1, 2022, Jason Company borrowed $36,000 from a bank on a 14%, 9-month note payable. On June 1, 2023, Jason Company borrowed $54,000 from a bank on a 12%, 18-month note payable. Calculate the total amount of interest expense reported by Jason Company in its 2023 income statement related to these two loans. Question 17 Johnson Company reported the following account balances at January 1, 2028: Accounts payable Accounts receivable Building Cash Common stock Equipment $ 90,000 $ 80,000 $220,000 $ 60,000 $230,000 $150,000 Inventory Land Notes payable Retained earnings $ 30,000 $140,000 $260,000 $100,000 On January 3, 2028, Johnson Company collected $40,000 of its accounts receivable and paid $30,000 on its notes payable. Calculate the total liabilities at January 4, 2028. 5 pts 5 pts