Exercise 9-1A (Algo) Recognizing accrued interest expense LO 9-1 Abardeen Corporation borrowed $95,000 from the bank on October 1, Yea 1 . The note had an 4 percent annual rate of interest and Anatured on March 31, Year 2. Interest and principal wore pad in cash on the matarity date. Required a. Whot amount of cash did Abardeen piny for interest in Year 1 ? b. What amaunt of interest expense was recoghized on the Year 1 income statoment? Note: Do not round intermediste caleulations. Round your anwwer to the nearest doliac amount. c. What amount of total liabilibes was reported on the December 31 . Year 1 , balance sheet? Note: Do not roand lintermediate calculations, Round your answer to the nearest dollar amount. d. What total ansount of cash was paid to the bank on Mach. 34 , Yoar. 2 , for principal and interest? e. What amount of interest expense was reported on the Year 2 income statemen? Note: Do not round intermediate calculatians, Round your answer to the nearest dollar amount