QS 9.4 Interest-bearing note transactions LO P1 On November 7, Mura Company borrows $160,000 cash by signing a 90-day, 8%, $160,000 note payable 1. Compute the accrued interest payable on December 31 2. & 3. Prepare the journal entry to record the accrued interest expense at December 31 and payment of the note at maturity on February 5 55 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Compute the accrued interest payable on December 31. (Use 360 days a year. Do not round your intermediate calculations.) Principal * Rate (*) * Time Total through maturity Year and interest accrual Interest recognized February Reg 2 and 3 >