On Apri 30, 2016, Synergy Bank loaned $300,000 to George Product, Inc., on a one-year, 5 percent note. Read the requirements quirement 1. Compute the interest for the years ended December 31, 2016 and 2017, on the note. Round interest calculations to the nearest dollar Start by determining the formula needed to compute interest. Amount of interest Now determine interest for the years ended December 31, 2016 and 2017, on the George Product note. Interest for 2016: Interest for 2017: Requirement 2. Which party has a. a note receivable: b. a note payable: c. interest revenue: d. interest expense: Requirement 3. How much in total would GeorgeProduct, Inc., pay the bank if it pays off the note early on November 30, 2016? Choose from any list or enter any number in the input fields and then continue to the next