You and several classmates are studying for the next accounting exam. They ask you to answer the following questions:(Round answers to 0 decimal places, e.g. 125.) 1. If cash is borrowed on a $83,040,9-month, 6% note on August 1 , how much interest expense would be incurred by December 31 ? Interest expense $ 2. The cash register total including sales taxes is $63,000, and the sales tax rate is 5% What is the sales taxes payable? Sales taxes payable $ 3. If $54,780 is collected in advance on November 1 for 6 -month magazine subscriptions, what amount of subseription revenue should be recognized by December 31 ? Subscription revenue $