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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

image text in transcribed 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.) \begin{tabular}{|c|c|c|c|c|} \hline Maker & \begin{tabular}{c} Date of \\ Note \end{tabular} & Principal & \begin{tabular}{c} Interest \\ Rate \end{tabular} & Term \\ \hline Barton & December 14 & $8,000 & 8% & 120 days \\ \hline Lawson & December 13 & 26,000 & 9% & 90 days \\ \hline Riley & December 19 & 12,000 & 11% & 60 days \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Barton & 213x \\ \hline Lawson & 585x \\ \hline Riley & 220x \\ \hline \end{tabular} 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.) \begin{tabular}{|c|c|c|c|c|} \hline Maker & \begin{tabular}{c} Date of \\ Note \end{tabular} & Principal & \begin{tabular}{c} Interest \\ Rate \end{tabular} & Term \\ \hline Barton & December 14 & $8,000 & 8% & 120 days \\ \hline Lawson & December 13 & 26,000 & 9% & 90 days \\ \hline Riley & December 19 & 12,000 & 11% & 60 days \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Barton & 213x \\ \hline Lawson & 585x \\ \hline Riley & 220x \\ \hline \end{tabular}

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