please show all work and explains 1. Emma Company purchased a machine from Noah Corporation on October 31, 2016. In payment for the $228,600 purchase, Emma issued a one-year installment note to be paid in equal monthly payments of $20,958 at the end of each month. The payments include interest at an annual rate of 18%. When recording the November 30, 2016 payment, the debit to Notes Payable will be $______ 2. On April 1 of the current year, Kate Corp. issued $313,000 of 9% bonds payable at par with interest payment dates of March 1 and September 1. In its income statement for the current year ended December 31, ]what amount of interest expense should Kate report?