Evaluating ahernative notes Operi seradsheet a. Calculate the ampount of the interest expense for esch option. Round your answer to the nearest dollar. . x ior each altermative. b. Determine the proceds recerved by the borrower in each alternative, Round your anawers to the nearest doliat. (1) 5330,000,90 day, 4% interest-bearing note 5 (2) $330,000; 90 -diry note descounted at 4% - 5 C Altratiative. is more favorable to the borrower because the borrower Findowe * Cheor My war