QUESTION 3 On September 1, Year 1, Nim Com Soup, Inc., borrowed $34,000 by issuing a 8-month note at 7%. Interest Payable at December 31, Year 1, equals (round to the nearest whole dollar).QUESTION 4 On January 1, Year 1, Sew What, Inc., signed a $1,000,000, 7%, 10-year mortgage note to buy a new warehouse. The note will be repaid in 10 equal annual installments of $142,378 beginning on December 31, Year 1. Record the amounts in the Notes Payable T-account below for the year ended December 31, Year 1, given this information: Notes Payable Do not include $ signs in your answers. Use the first row to record the issuance of the note and put 0 on the opposite side. Use the second row to record the installment payment and put 0 on the opposite side. Use the last row to record the ending balance and put 0 on the opposite side