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S100,000 from its benk by signing a 12 percent. 15-year note 180 monthly payments of $1.460. Each payment includes an interest and a principal component

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S100,000 from its benk by signing a 12 percent. 15-year note 180 monthly payments of $1.460. Each payment includes an interest and a principal component payable. The note calls for the interest expense in February the portion of Willmar's March 31 payment that will be applied to the principal of the note. (Round your carrying value of the note on April 30. (Round your intermediate calculations and final answer to the nearest dollar amount.) 1,000 b. Principal

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