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Compute the interest accrued on each of the following notes payable owed by Galloway, Inc., on December 31: (Round to nearest whole dollar.) Lender Date

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Compute the interest accrued on each of the following notes payable owed by Galloway, Inc., on December 31: (Round to nearest whole dollar.) Lender Date of Note Principal Interest Rate (%) Barton 12/4 $70,000 13 Lawson 12/13 84,000 10 Riley 12/19 105,000 11 Term Accrued Interest Payable 120 days $ 0 x 90 days 0 x 0 x 60 days

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