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Requirement 1. How much interest expense must be accrued at December 31, 2018? (Round your answer to the nearest whole dollar) The interest expense accrued

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Requirement 1. How much interest expense must be accrued at December 31, 2018? (Round your answer to the nearest whole dollar) The interest expense accrued at December 31, 2018 is $ 1,160 Requirement 2. Determine the amount of Dean Sales final payment on July 1, 2019 The amount of Dean Sales' final payment on July 1, 2019 is 5 60,320 Requirement 3. How much interest expense will Dean Sales report for 2018 and for 2019? (If needed, round your answer to the nearest whole dollar) The company will report interest expense of $ in 2018 and 5 in 2019 i More Info -X (0/1) 2018 Jul 1 Purchased delivery truck costing $58,000 by issuing a one-year, 4% note payable Accrued interest on the note payable Dec 31 2019 Jul 1 Paid the note payable at maturity

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