Help On July 1. Shady Creek Resort borrowed $250,000 cash by signing a 10 year, 8% installment note requiring equal payments each June 30 of $37258 What amount of interest expense will be included in the first annual payment? Multiple Choice $232742 $20.000 $37258 $17.258 $25.000 de 9 O * to each Saved Help Save 5 Edit The carrying value of a bond is computed as the face value minus any unamortized discount or plus any unamortized premium True or False True False to search ers 9 & 100 Saved A note payable cannot be sold or transferred under any circumstance. True or False True False