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Royalty Inc. lends to Shakespeare LTD. $1,550,000 on November 15. Shakespeare LTD. signs the 7%, 90-day note. ***Remember interest starts the next day.*** What is

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Royalty Inc. lends to Shakespeare LTD. $1,550,000 on November 15. Shakespeare LTD. signs the 7%, 90-day note. ***Remember interest starts the next day.*** What is the amount of accrued interest December 31?$ What is the amount of interest expense February 14? $ What is the maturity value paid when the note is honored? $

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