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4. 100 points Exercise 8-5 Determine Interest expense (LO8-2) 0s Environmental provides cost-ellective solutions lor managing regulatory requirements and environmental needs specilic to the arline

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4. 100 points Exercise 8-5 Determine Interest expense (LO8-2) 0s Environmental provides cost-ellective solutions lor managing regulatory requirements and environmental needs specilic to the arline industry. Assurne that on July 1 the company issues a one-year note lor the amount of S5.0 million. Interest is payable at maturity. Required atn mine he amount ?n arnst expense hat should bern arded in a car and a us lng cntry under cach 0 the 10 ng ndependent assump ons Enter your answers in dollars, not in millions Le 5 shDuld be en ere d as 5,000,000) 12% 10% 9% December 31 September 30 October 31 January 31

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