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On November 1, Bahama Cruise Lines borrows $15 million and issues a sox-month, 4% note payable Interest is payable at maturity. Determine the financial statement effects of (1) the issuance of the note and (2) the adjusting entry for interest owed by December 31 . the end of the reporting period. Complete this question by entering your answers in the tints betew. Determine the financlal statement effects of the issuarice of the note. (Li.nter your answers in dallars, not mitilons. For examipter. 55.5 million be entered as 5,500,000.) Complete this question by enteriny yeur answers in the tabs below. Determine the financial statement effects of the adjusting entry for intereat cwed by Decernter 31, the end of the reporting period. (Aanount. to 5,500,000,1