Capes de Corporation began 20x8 owing notes payable of $3.5 million. During 20x8, Cupeside borrowed $2.9 million on notos payable and paid off $2.3 milion of notes payable from prior years. Interest expense for the year was $1.7 million, including $0.1 million of interest payable accrued at December 31, 20x6. Show what Capenide should report for these facts on the following financial statements (Enter all amounts in milions.) 1. Income statement Interest expense 2. Balance sheet a. Notes payable b. Interest payable 1. Show what Capeside should report for these facts on the income statement Account Amount (in millions) Interest expense