Barkers Baked Goods purchases dog treats from a supplier on February 2 at a quantity of 10,000 treats at 12 per treat. Terms of the purehase are 2/10, n/30. Barkers pays half the amesint due in cash on February 28 but cannot pay the remaining balance due in four days. The supplier fenegotiaths the terins on March 4 and allows Barkers to convert its purchase payment into a short-term note, with an annual interest rate of 6 percent, payable in 9 menths. A. Compute the interest expense Gue when Barkers honors the note. Foestech * check My Wor Remember the formula used to calculate the amount of interest expense. Refer to the textbook for an example. The formula involves three important components B. Show the entry to record the payment of the short-term note on December 4 . If an amount box does not require an entry, leave it blank Des Fendack: * Criekimy wen Remember the formula used to calculate the amount of interest expense. Refer to the textbook for an example. The formula involves three important components