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Question 6 4 pts On October 1, 2019, Trustworthy Machines signed a one- year, 6% interest-bearing note payable for $50,000. Assuming that Trustworthy Machines maintains

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Question 6 4 pts On October 1, 2019, Trustworthy Machines signed a one- year, 6% interest-bearing note payable for $50,000. Assuming that Trustworthy Machines maintains its books on a calendar year basis, how much interest expense should be reported in the 2019 income statement? $4,000. $750. $1,000 $3,000

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