Use the following to answer questions 11 - 13 TR Air provides cost effective solutions for managing regulatory requirements and environmental needs specific to the HVAC industry. Assume that on July 1st, the company borrows $100,000 by issuing a one-year note compounding annually. Interest is payable at maturity. 11. $. _Determine the amount of interest expense that should be recorded in a year-end adjusting entry assuming a 5.0% interest rate and a fiscal year-end September 30. 12. $ Determine the amount of interest expense that should be recorded in a year-end adjusting entry assuming a 4.25% interest rate and a fiscal year-end December 31. 13. $. Determine the amount of interest expense that should be recorded in a year-end adjusting entry assuming a 3.9% interest rate and a fiscal year end March 31