Organic skin care Inc. negotiates a 90 day note payable to replace an overdue account owed to Collagen Research Inc. The 90 day, 9%, $9000 note payable is signed on December 1, 2020. Calculate the accrued interest payable on the note for the company's January 31 year end 9000 x 3% x (61/365)=$45.12 9000 x 3%