Inormation applies to the questions displayed below) Gilligan Corporation was established on February 15, Year 1. Gilgan is authorized to issue 375,000 shares of $12 par value common stock. As of December 31, Year 3, Gilligan's stockholders' equity accounts report the following balances: Common stock, 512 p. 375,000 shares authorised, 37.500 shares issued and outstanding din capital incess of par - Common Betained earnings Total stockholders quity $450,000 25.000 $525.000 1.435.000 At the end of Year 3. Gilligan decides to issue a 5 stock dividend. At the time of issue, the market price of the stock was $23 per share What is the amount of retained earrings that wit be transferred to paid in capital as a result of the stock dividend issued by Gulligan Corporation Multiple Choice $5.000 MACBOOK 30 Il 2 $ 4 % 5 3 & 7 6 8 9 0 ST Currie Company borrowed $23,000 from Sierra Bank by Issuing a three-year note. Currie agreed to repay the principal and interest by making annual payments in the amount of $5,321. Based on this information, what is the amount of the Interest expense associated with the second payment? (Round your answer to the nearest dollar)