Not yet answered On May 1, 2012, Mink, Inc. borrowed $10,000 by issuing a 12%, 3-month note and another $10,000 by issuing a 12%, 6-month note. Interest expense for the month ended May 31, 2012 equals Points out of 7.90 P Flag question Select one: a. $(400) on the income statement b. $(200) on the income statement c. $(2,400) on the income statement d. S(300) on the income statement 16 21 26