Homework: Chapter 1:8 Homework Save Score: 0 of 1 pt 4 of 6 (4 complete) HW Score: 66.67%, 4 of 6 pts Edt an PI:8-42 (similar to) Question Help unt On January 1 of the current year, Samual borrows $60,000, pledging the assets of his business as collateral. He emeni immediately deposits the money in an interest-bearing checking account. Samual already had $21,000 in this account inning On May 1. Samual invests $54,000 in a limited real estate partnership. On August 1, he buys a new ski boat for $13,000. On September 1, he makes a $12,000 capital contribution to his unincorporated business. Samual repays ing $ $40,000 of the loan on November 30 of the current year, Requirement Classity Samual's interest expense for the year. er any rice 00 erest 00 (Enter the dates in chronological order. Round the percentages to two decimal places (XXXX%). If an input field is not used in the table leave the input field empty, do not select a label or enter a zero.) From To Category of interest Percentage Local 96 96 96 96 UDER Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Check Answer Ballonka h for anything w Homework: Chapter 1:8 Homework Save Score: 0 of 1 pt 4 of 6 (4 complete) HW Score: 66.67%, 4 of 6 pts Edt an PI:8-42 (similar to) Question Help unt On January 1 of the current year, Samual borrows $60,000, pledging the assets of his business as collateral. He emeni immediately deposits the money in an interest-bearing checking account. Samual already had $21,000 in this account inning On May 1. Samual invests $54,000 in a limited real estate partnership. On August 1, he buys a new ski boat for $13,000. On September 1, he makes a $12,000 capital contribution to his unincorporated business. Samual repays ing $ $40,000 of the loan on November 30 of the current year, Requirement Classity Samual's interest expense for the year. er any rice 00 erest 00 (Enter the dates in chronological order. Round the percentages to two decimal places (XXXX%). If an input field is not used in the table leave the input field empty, do not select a label or enter a zero.) From To Category of interest Percentage Local 96 96 96 96 UDER Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Check Answer Ballonka h for anything w