Natalie is thinking of repaying all amounts outstanding to her grandmother. Recall that Cookie Creations borrowed $2,000 on November 16, 2018, from Natalie's grandmother. Interest on the note is 6% per year, and the note plus interest was to be repaid in 24 months. Recall that a monthly adjusting journal entry was prepared for the months of November 2019 (1/2 month), December 2018, and January 2019. X Your answer is incorrect. Calculate the interest payable that was accrued and recorded to July 31, 2019, assuming monthly adjusting entries were made. Interest payable $ 25 e Textbook and Media List of Accounts