Accrued Interest Payable Compute the interest accrued on each of the following notes payable owed by Galloway, Inc., on December 31: Use 360 days for calculations and round the nearest dollar. Lender Date of Note Principal Interest Rate (%) Term Barton December 04 Lawson December 13 $14,000 12% 120 days 160,000 5% 90 days Riley December 19 19,000 10% 60 days Lender Accrued Interest Barton S Lawson Riley 560 X 2,000 x 31,666 x