Computing Accrued Interest Compute the interest accrued on each of the following notes receivable held by Gallow, Inc., on December 31: (Use 360 days for interest calculation. Round to the nearest dollar.) Date of Maker Note Barton December 14 Lawson December 13 Riley December 19 Interest Principal Rate Term $8,000 8% 120 days 26,000 9% 90 days 12,000 11% 60 days $ Barton Lawson 213 X 585 x 0 x Riley