Required information Skip to question [The following information applies to the questions displayed below.] Following are transactions of Danica Company. December 13 Accepted a $30,000, 45-day, 2% note in granting Miranda Lee a time extension on her past-due account receivable. December 31 Prepared an adjusting entry to record the accrued interest on the Lee note. Complete the table to calculate the interest amounts at December 31st and use the calculated value to prepare your journal entries. Note: Do not round your intermediate calculations. Use 360 days a year.

Complete the table to calculate the interest amounts at December 31^st.

	Total Through Maturity	Interest Recognized December 31
Principal
Rate (%)
Time
Total interest