ABC Company borrowed $40,000 from the local bank on June 1, 2023. The bank loan is a ten-month, 15% loan. The necessary adjusting entry at December 31, 2023 would include a debit to: interest expense for $3,000 interest payable for $3,600 interest payable for $5,000 interest expense for $4,200 interest expense for $3,500 interest payable for $3,000 interest payable for $4,200 interest expense for $3,600 interest expense for $5,000 interest payable for $3,500 LL Corporation reported the following account balances at December 31, 2025: Cash Retained Earnings Advertising Expense Cost of Goods Sold Equipment Supplies Rental Revenue Trademark Accounts Payable Common Stock Notes Payable Dividends Accounts Receivable Income Tax Expense' Inventory Wage Expense Sales Revenue Patent $37,000 $62,000 (at January 1, 2025) $15,000 $63,000 $16,000 $17,000 $34,000 $10,000 $58,000 $72,000 $43,000 $13,000 $45,000 $15,000 $51,000 $12,000 $94,000 $69,000 The total stockholders' equity reported by LL Corporation at December 31, 2025 was equal to: $49,000 $72.000