The following table includes five separate short-term note payable scenarios.

Required 

For each separate scenario, complete the last column in the table by calculating interest expense accrued at the relevant fiscal year-end.

Stated Note Payable Issuance Date Term Rate Fiscal Year-End Accrued Interest at Fiscal Year-End 1 $5,000 note payable September 1, 2020 6-month 6% December 31 2 $5,000 note payable September 30, 2020 6-month 6% December 31 3 $2,000 note payable November 1, 2020 3-month 8% December 31 4 $2,000 note payable November 30, 2020 3-month 8% December 31 5 $10,000 note payable May 31, 2020 12-month 10% November 30