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NEED ASAP IN AN HOUR!! PLEASE SHOW WORK STEP BY STEP Erismus Company borrowed $600,000 on September 1, 2021, and signed a 12-month note bearing

NEED ASAP IN AN HOUR!! PLEASE SHOW WORK STEP BY STEP
Erismus Company borrowed $600,000 on September 1, 2021, and signed a 12-month note bearing interest at 5%. Interest is payable in full at maturity on August 31, 2022. In connection with this note, Erismus should report interest payable at December 31, 2021, in the amount of: $10,000. $30,000 $2,500. $20,000.

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