36. On October 1, 2011, Master's Co. borrows $500.000 from its bank for five years at an avulinterest rate of 10. According to the terms of the loan the pro mour e paid monthly on the first day of each month, beginning November 1, 2011. With respect to this borrowing Master's December 31, 2011, balance sheet included only a long tem che A The December 31, 2011, financial statements are accurate 8. Liabiles are understated by $12.500 accrued interest payable C Liabilities are understated by $4,167 accrued interest payable D. Liabilities are understated by the amount of interest for the five-year form of the noterat has not yet been paid of DO