You and several classmates are studying for the next accounting

examination. They ask you to answer the following questions: $($Round

answers to $0$ decimal places, e$.$g$.125.)1.$ If cash is borrowed on a

$$83,760,9-$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 $$44,100,$ and the sales tax

rate is $5\%.$ What is the sales taxes payable? Sales taxes payable $

$3.$ If $$56,040$ is collected in advance on November $1$ for $6-$month

magazine subscriptions, what amount of subscription revenue should

be recognized by December $31?$ Subscription revenue $