Keesha Company borrows $275,000 cash on November 1 of the current year by signing a 150-day, 9%, $275,000 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. Req 1 Req 2 and 3 Req 4 What is the amount of interest expense in the current year and the following year from this note? (Use 360 days a year. Do not round intermediate calculations and round final answers to the nearest whole dollar.) Total through Following Year maturity Principal $ 275,000 $ Interest Expense Current Year 275,000 Interest Expense $ 275,000 Rate (%) 9% 9% Time 150/360 60/360 9% 90/360 Total interest < Reg1 Req 4> Keesha Company borrows $275,000 cash on November 1 of the current year by signing a 150-day, 9%, $275,000 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. Req 1 Req 2 and 3 Req 4 What is the amount of interest expense in the current year and the following year from this note? (Use 360 days a year. Do not round intermediate calculations and round final answers to the nearest whole dollar.) Total through Following Year maturity Principal $ 275,000 $ Interest Expense Current Year 275,000 Interest Expense $ 275,000 Rate (%) 9% 9% Time 150/360 60/360 9% 90/360 Total interest < Reg1 Req 4>