Homework: Chapter 8 Homework Save Score: 1.25 of 5 pts 2 of 3 (2 complete) HW Score: 56.25%, 11.25 of 20 pts %E8-23B (similar to) s Question Help Cran Sales Company completed the following note payable transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. How much interest expense must be accrued at December 31, 2018? (Round your answer to the nearest whole dollar.) The interest expense accrued at December 31, 2018 is $ 855 Requirement 2. Determine the amount of Cran Sales' final payment on October 1, 2019. The amount of Cran Sales' final payment on October 1, 2019 is $ 60,420 Requirement 3. How much interest expense will Cran Sales report for 2018 and for 20197 (If needed, round your answer to the nearest whole dollar.) The company will report interest expense of $ 855 in 2018 and $ 855 in 2019. * More Info X Requirements 2018 Oct 1 1. How much interest expense must be accrued at December 31, 2018? (Round your answer to the nearest whole dollar.) Determine the amount of Cran Sales' final payment on October 1, 2019. How much interest expense will Cran Sales report for 2018 and for 2019? (If needed, round your answer to the nearest whole dollar.) Purchased delivery truck costing $57,000 by issuing a one-year, 6% note payable. Accrued interest on the note payable. 2. 3. Dec 31 2019 Oct 1 Paid the note payable at maturity. Print Done Print Done