Lesch Company borrowed 570,000 cash by issuing a note payable on June 1, Year 1 The note had an 6 percent annual rate of interest and a cone-year term to maturity. Required a. What amount of interest expense will Leach recognize for the year ending December 31 , Year 1 ? b. Show how the December 31, Year 1 , adjusting entry to recognize the accrued interest expense atfects the accounting equation c. What amount of cash will Leach pay for interest expense in Yeat 1? d. What is the amount of interest payable as of December 31 , Year 1 ? e. What emount of cash wil Leach pay for interest expense in Year 2? t. What amount of interest expense will Leach recognize in Year 2 ? 9. What is the amount of interest payable as of Decembet 31 , Year 2 ? Complete this question by entering your answers in the tabs below. Show how the December 31, Year 1, adjusting entry to recognize the acenued interest expense affects the acceunting equation. (Do nok round intermediate calculabions. flound vour aciwwer to the neorest whole dobar amount. Enter any becreanes fil moceunt balancts with a minus sign.)