Westwood Corporation began 2014 owing notes payable of $4.7 million. During 2014 Westwood borrowed $2.3 million on notes payable and paid off $2.2 million of notes payable from prior years. Interest expense for the year was $0.9 million, including S0.4 million of interest payable accrued at December 31, 2014 Show what Westwood should report for these facts on the following financial statements (Enter all amounts in illions.): 1. Income statement for 2014 a. Interest expense 2. Balance sheet as of December 31, 2014 a. Notes payable b. Interest payable