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Required information [The following information applines to the questions displayed below] Agrico incorporated accepted a 10-month, 10% (annual rate), 54,350 note from one of its

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Required information [The following information applines to the questions displayed below] Agrico incorporated accepted a 10-month, 10% (annual rate), 54,350 note from one of its customers on July 15, 2022: interest is payable with the principal at maturity. Required: a-1. Prepare the horizontal model to record the interest earned by Agrico during its yoar ended December 31, 2022. Note: Enter decreases to account balances with a minus sign. Do not round your intermediate calculation. Round your final answers to two decimal places

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