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On December 1st 2015 a company borrowed $200,000 at 12% per year. The interest will be paid quarterly, with the first payment due on July

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On December 1st 2015 a company borrowed $200,000 at 12% per year. The interest will be paid quarterly, with the first payment due on July 1. What should the company report on its income statement as at December 31st 2015? And as at Dec.31st 2016? Seleccione una: 2 for 2016 & 24 for 2016 2 for 2015 & 22 for 2016 24 for 2015 & 26 for 2016 224 for 2015 & 226 for 2016

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