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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

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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 04 510,000 129 120 days Lawson December 13 12,000 90 days Riley December 19 15,000 60 days 996 104 Lender Accrued Interest Barton 5 0 Lawson 0 Rey Check

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