Keesha Co borrows $165,000 cash on December 1 of the current year by signing a 90-day, 8%, $165,000 note. 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal entries to record (a) issuance of the note. (b) accrual of interest on December 31, and ( payment of the note at maturity Answer is not complete. Complete this question by entering your answers in the tabs below. Red 1 Reg 2 and 3 Reg 4 What is the amount of interest expense in the current year and the following year from this note? (Ute 360 days a year Round final answer to the nearest whole dollar) Total through maturity Interest Expense Current Year Interest Expense Following Year Principal Rate() Time Totalrest | | | 0 0 0 1950 ON 0% DOV300 30/300 1.238 3105.000 ON 000360 3.7133 Keesha Co borrows $165,000 cash on December 1 of the current year by signing a 90-day, 8%. $165,000 note. 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal entries to record(a) issuance of the note. (b) accrual of interest on December 31, and (c) payment of the note at maturity Answer is not complete. Complete this question by entering your answers in the tabs below. Req1 Req 2 and 3 Reg4 Prepare journal entries to record (a) issuance of the note. (b) accrual of interest on December 31, and payment of the note at maturity. (Use 360 days a year. Do not round intermediate calculations No Transaction General Journal Det Credit 1 (a) Cash Notes payable 165.000 105.000 2 Interest expense Interest payable 3.7133 1.238 3 (0) 105.000 Notes payable Interest payable Interest expense Cash DOC