ny Wor k mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate con On February 1, Willmar Corporation borrowed $100,000 from its bank by signing a 12 percent, 15-year note payable. The note calls for 180 monthly payments of $1,310. Each payment includes an interest and a principal component. a. Compute the interest expense in February b. Compute the portion of Wilmar's March 31 payment that will be applied to the principal of the note. (Round your interm calculations and final answer to the nearest dollar amount.) c. Compute the carrying value of the note on April 30. (Round your interme amount.) diate calculations and final answer to the nearest dollar Answer is not complete Interest expense s 1,000 b. Principal c. Carrying value K Prev 3 of 4 Next>