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please as soon as possible, i will upvote On November 1, 2018, Alpha Co. borrowed $150,000 from Eastern Bank and signed a 12%, 9-month note

please as soon as possible, i will upvote image text in transcribed
On November 1, 2018, Alpha Co. borrowed $150,000 from Eastern Bank and signed a 12%, 9-month note payable, all due at maturity. The interest on this loan is stated separately Required How much must Alpha Co pay to Eastern Bank on July 1", 2019, when the note matures? How much interest expense will Alpha Co, recognize on this note in 2019? At December 31, 2018, Alpha Co.'s overall liability (principal interest) for this loan amounts to

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