QS 11-4 Interest-bearing note transactions LO P1 On November 7, 2017, Mura Company borrows $370,000 cash by signing a 90-day, 8% note payable with a face value of $370,000. (Use 360 days a year. Do not round your intermediate calculations.) 1. Compute the accrued interest payable on December 31, 2017. Principal x Rate (%) x Time - Interest Total through maturity Year end interest accrual Interest recognized February 5