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Mave Corporation issued a 5% note payable on March 1, 20x9 for $83287, which was repaid on October 31, 20x9. The company issued another 10%
Mave Corporation issued a 5% note payable on March 1, 20x9 for $83287, which was repaid on October 31, 20x9. The company issued another 10% note payable on April 1, 20x9 for $124869. This note was still outstanding at December 31, the companys year-end. What is the total interest expense relating to these notes for the year ended December 31, 20x9?
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