Pharoah Company obtains $44,800 in cash by signing a 7\%, 6-month, $44,800 note payable to First Bank on July 1. Pharoah's fiscal year ends on September 30. What information should be reported for the note payable in the annual financial statements? In the balance sheet, Notes Payable of $ and Interest Payable of $ should be reported as In the income statement, Interest Expense of \$ should be reported under