Ex (2)-3 Recording transactions and the related adjustment with FSha IV On October 1, 2016, Dantu, Inc, borrowed $10,000 frosz XIWIW NO Lots lan carried a 12% interest rate and a one-year term. The loan was repaid, along with the proper amount of interest, on September 30, 2017 Required - part 1 Using the FSETs below, record the effects of: 1. Issuing the note payable on October 1, 2016. 2. Accruing the interest expense on December 31, 2016. 3. Repaying the principal, along with the interest, on September 30, 2017. Show dollar amounts, not just increase or decrease and indicate whether the cash events should be classified as operating, investing, or financing activities. No. Assets Expense Net Earnings Cash Flow Act. Liabilities Equity Revenue Note Interest Retain. Payable Payable Earn. Cash 1. 2. 3. se Required - part 2 ch 1. How much interest expense should Dantu report for 2016? 2. How much total liabilities should Dantu report as of December 31, 2016? 3. How much cash did Dantu pay for interest in 2016? 4. How much interest expense should Dantu report for 2017? 5. How much cash did Dantu pay for interest in 2017