21. BIO-N Company's short-term debt account on January 01, 2019, is $120,000. The debt is subject to a 5% interest compounded semiannually. According to the above data, the BIO-N balance sheet as of June 30, 2019, should report a(n): * O A) Short term debt account at a value of $6,000 B) Interest payable account at a value of $3,000 C) Interest expense account at a value of $3,000 O D) Interest payable account at a value of $6,000 22. The firm had retained earnings of $33,000 at the beginning of the year. The company paid $3,000 as dividends for the year. What is the net income for the year if the retained earnings at the end of this year is $45,000? +