Computing Accrued Interest

Compute the interest accrued on each of the following notes receivable held by Kirkland, Inc., on December 31: (Round to the nearest dollar.)

Maker	Date of Note	Principal	Interest Rate	Term
Abel	November 21	$42,000	12%	120 days
Baker	December 13	32,000	9%	90 days
Charlie	December 19	25,000	6%	60 days