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company acquires aues recorded at 240.000 by paying $120.000 cash and taking on a 12 year installment nate with semiannual payments and a 6 Interest

company acquires aues recorded at 240.000 by paying $120.000 cash and taking on a 12 year installment nate with semiannual payments and a 6 Interest rate on June 30, 2020, the company has a December 31 year end, on June 30, 2021. what amount of interest expense is recorded on this note? 53,450 $6.900 1.600 57.200

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