ABC Corp received a 5 month note for $9,700 on April 5th in exchange for an overdue Accounts Receivables. The note has an interest rate of 8% per annum while the market's rate is at 6%. The note is collected in full ot maturity and ABC Corp. does the appropriate journal entry and posting. For simplicity of calculations consider the year has 364 days, 52 weeks and 4 quarters. Required 1: If the note has biweekly compounded interest, the total amount of principal received by ABC Corp at maturity is: $ Required 2. If the note has monthly compounded interest, the total amount of interest received by ABC Corp at maturity is: $ Required 3: The amount (simple interest plus principal) received by ABD Corp at maturity is: $ Required 4: If the note has biweekly compounded interest and it is sold to a third party on May 5th, the total amount of interest accrued by ABC.Corp until the moment of sale is. $ Required 6: the note hos monthly compounded interest and it is sold to a third party on May 5th, the total amount of interest accrued by ABC Corp until the moment of sale is: $ Instructions: Use 2 decimal places and only type the number without signs except for negative numbers that are preceded by a minus signIf the right answer is 1070.39 you type 1070.39" It will not be read as correct if you type 11,070.395 $1070.39" or any other combination. If the right answer is negative 1070.39 you type "-1070.39