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 (%) Term Accrued Interest Payable

Barton 12/4 $65,000 9 120 days $

Lawson 12/13 $78,000 6 90 days $

Riley 12/19 $97,500 7 60 days $