Current and Contingent Liabilities Record note payable transactions Dean Sales Company completed the following note payable transactions: 2018 Jul 1 Purchased delivery truck costing $ 58,000 Dec 31 Accrued interest on the note payable. by issuing a one-year, 4% note payable. 2019 Jul 1 Paid the note payable at maturity. Use the blue shaded areas on the ENTERANSWERS tab for inputs Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong. Requirements 1How much interest expense must be accrued at December 31, 2018? 2Determine the amount of Dean Sales' final payment on July 1, 2019 How much interest expense will Dean Sales report for 2018 and for 2019 1. How much interest expense must be accrued at December 31, 2018? (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong.) Accrued interest, Dec. 31, 2018 2. Determine the amount of Dean Sales' final payment on July 1, 2019. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong.) Final payment on July 1, 2019 3. How much interest expense will Dean Sales report for 2018 and for 2019? (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong.) Interest expense for 2018 Interest expense for 2019