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At January 1, 2021. Han Merchants had a balance in the Interest Payable account for several notes it had signed and given to suppliers in exchange for outstanding accounts payable. The following table contains the details of the notes payable and the balance of the interest accrued on each note as at the end of the last fiscal year, December 31, 2020. Note Principal Interest Rate Supplier Interest Accrued Issue Date Term 1 Tessier Inc. $ 5,400 4% Nov. 1, 2020 3 months $36.00 2 Wolde Inc. 6.600 4.5% Nov. 30. 2020 5 months 24.75 3 Deng Inc. 9.600 5% Dec. 1.2020 1 year 40.00 Total $ 100.75 All notes require that the interest be paid at the maturity of the note. All notes and interest were paid on time. Han prepares adjusting entries at the end of its calendar fiscal year. -/1 All notes require that the interest be paid at the maturity of the note. All notes and interest were paid on time. Han prepares adjusting entries at the end of its calendar fiscal year. Additional transactions of 2021: Mar. 1 Signed a $ 11,100, one-year, 4% note to Lalonde Ltd. in settlement of an accounts payable. Interest is due at maturity. Oct. 30 Signed a $ 4,800, three-month. 4.5% note to Hanover Ltd. in settlement of an accounts payable. Interest is due at maturity. Nov. 30 Borrowed from RBC $ 11,100 cash in exchange for a two-year 5% note with interest due at maturity. Prepare all journal entries for Han Merchants for the above transactions and to record the on-time repayment of the notes payable that were outstanding as at December 31, 2020. (Round answers to 2 decimal places, e.g. 52.76. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit 2021 Feb. 1 Apr. 30 Apr. 30 Dec. 1 Prepare any adjusting entry required on December 31, 2021. (Round answers to 2 decimal places, eg. 52.76. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 What amount will appear under interest expense for Han's income statement for the year ended December 31, 2021? Where will this amount be classified on the income statement? (Round answer to 2 decimal places, e.g. 52.76.) Income Statement Classification Amount Interest expense $