an annual rate of 8% and is paid at maturity. In its December 31 , Year 1 , balance sheet, Able correctly presented the note and interest payable as follows: Interest payable $12,000 Notes payable, 8\%, due September 1, Year : ;450,000 What is the total cash (including interest) paid for the building purchased by Able? Multiple Choice $934,000 $888,000 $910,000 $946,000