On January 1, 20x0 "ABC" Company borrowed $150,000 for 4.00 years from a local bank. According to the loan agreement, the loan's interest is 12.00 %, and the company is obligated to pay an amount of $23,208 on June 30th, and December 31st each year. Required: Based on the above given information, answer the following questions: 1. What is the total amount of interest that will be paid for the loan over its four years term? The Answer is: 2. What is the amount of interest that will be recorded on the income statement for the year 20x0 (assume calendar year). The Answer is: 3. At the end on the year 20X0, the amount of the loan that must be presented as a current must be equal to the amount that must be presented as a non-current liability must be equal to and