I purchued a new Gir on Apil 1st for $24.000 and firanced the entire amount at 12%. Will muke 48 monthly payments. with the fist payment due on Muy 1st. Over the ate of the loan. how much will I pwin in toeal interest? Round to the nearest dollar. (Hint: Fibure out the amount of the parment first) Question 22 I gurchured a new car on Apri 18t for $24,000 and financed the entire amount at 12% I will make 48 monthy payments, with the frit payment due on May ist How much interest will I pay with the. 2nd phrment. Which is due on June 1 ? Pound to the nearet dolur. Question 23 date. Abefs borrowing rate is six. The eevilinent balance reported on the balance sheet as of the purchuse date is closest to During 2021, a company incurred operating expenses amounting to $100,000, af which $75,000 was paid in cash; the balance will be paid during 2022. Which of the following is correct for the 2021 yearend balance shret? Stocthoblen' equity decreives 575.000 and assets decresse 575000 Ausets secrease 1100000 ard stochhoden' equity decreases 3100000 Question 25 A comoany purchased a piece of equipment costing $125.000 and is depreciating it aswuming a 10 -year life. The reviduai value was oripinally expected to be 510.000. At the end of the Arh year, the motor was replaced la major overhaul at a cost of 540.000. The overhadi increased the etficiency of the equioment. How much is depreciation expense in the sixthyear anturnine straicht -line desreciation, no chanse in evtimuted usetul ble and no change in retidual value? 11300 Nuve of the atenk. 18.00 21100 14.500