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Abardeen Corporation borrowed $ 1 3 3 , 0 0 0 from the bank on October 1 , Year 1 . The note had an

Abardeen Corporation borrowed $133,000 from the bank on October 1, Year 1. The note had an 10 percent annual rate of interest and matured on March 31, Year 2. Interest and principal were paid in cash on the maturity date. Required: A. what amount of cash did Abardeen pay for interest in year 1? B. what amount of interest expense was recognized on the year 1 income statement? (round your answer to the nearest dollar amount) C. What amount of total liabilities was reported on December 31st, year 1, balance sheet? (round to the nearest dollar amount) D. What total amount of cash was paid to the bank on March 31st, year 2, for principal and interest? E. What amount of interest expense was reported was reported on the year 2 income statement? (round your answer to the nearest dollar amount)

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