yourself on your scratch paper now.\ 1\ 1 point\ 6\ At the beginning of Year 1, ABC Company borrowed

$4,200

. The interest rate is

10%

of the year-end outstating balance.

ABC

repaid

$1,400

of the principal during Year 1 and

$2,000

during Year 2. What was the Year 2 ending balance of ABC Company's Notes Payable account?\ 7\

$2,800

\

$800

\

$4,200

\

$440

\ Next

1 point At the beginning of Year 1, ABC Company borrowed $4,200. The interest rate is 10% of the year-end outstaing balance. ABC repaid $1,400 of the principal during Year 1 and $2,000 during Year 2. What was the Year 2 ending balance of ABC Company's Notes Payable account? $2,800 $800 $4,200 $440 1 point At the beginning of Year 1, ABC Company borrowed $4,200. The interest rate is 10% of the year-end outstaing balance. ABC repaid $1,400 of the principal during Year 1 and $2,000 during Year 2. What was the Year 2 ending balance of ABC Company's Notes Payable account? $2,800 $800 $4,200 $440