On November 1 Bahama Cruise Lines borrows $15 miltion and issues a six-mionth, 7% note payable, Interest is pryabie at maturisy Determine the financial statement effects of (1) the issuance of the note and (2) the adjusting entry for interest owed by December 31 . the end of the reporting period. Complete this question by entering your answers in the tabs below. Determine the financial statement effects of the issuance of the note. (Enter your answers in doltars, not milians. Fot example, $5,5 minon snowil On November 1, Bahama Cruise Lines borrows $15 million and issups a six-month, 7 s, note payoble, interest is payable at maturtiDetermine the financial statement effects of (1) the issuance of the note and (2) the adjusting entry for interest ouped by December 31 . the end of the reporting period. Complete this question by entering your answers in the tabs below. Determine the financial statement effects of the adjusting entry for interest owed by December 31, the end of the reporting period. (Amounts to