Q. 2 polints areduction method is: $15,938 $7,350 $12.750 $7,500 59,188 10 . 2 points Nimmo Company borrowed $25,000 on September 1, 2021 from the Valley Bank by signing a note payable which carried a 6% interest rate, The not 6 -month term and the principal plus all interest will be repaid on March 1,2022 . Based on this information the amount of interest expense appearic statement in 2021 would be: $1,000 $750 $0 $375