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Cram Sales Company completed the following note payable transactions: (i) (Cick the icon to vew the transactions) Read the tequirements Requirement 1. How much interest
Cram Sales Company completed the following note payable transactions: (i) (Cick the icon to vew the transactions) Read the tequirements Requirement 1. How much interest expense must be accrued at December 31, 2021? (Round your answer to the nearest whole dollar) The interest expense nccrued at December 31,2021 is More info Jut 1, 2021 Purchased delivery truck costing $58,000 by issuing a one-year, 4% note payable Dec 31, 2021 Accrued interest on the note payable Jul 1,2022 . Paid the nole payable at maturity
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