On July 1, Alaskan Adventures issues a $160,000, eight-month, 7% note. Interest is payable at maturity. What is the amount of interest expense that the company would record in a year-end adjustment on December 31? Interest expense On July 1, Alaskan Adventures issues a $200,000, eight-month, 6.5% note. Interest is payable at maturity. What is the amount of interest expense that the company would record in a year-end adjustment on December 31? Interest expense