On September 1, 2021, Daylight Donuts signed a six-month note payable with the amount borrowed plus accrued interest due six months later on March 1, 2022. The company borrowed $287,000 at an annual rate of 8%. Daylight Donuts should report interest payable at December 31, 2021, in the amount of: (Do not round your intermediate calculations.) Multiple Choice 511,480 $3,827 $7.653 50