Question: 1 point On December 1 , 2 0 2 2 , Harper Co . takes out a $ 1 0 0 , 0 0 0

1 point On December 1,2022, Harper Co. takes out a $100,000

1 point
On December 1,2022, Harper Co. takes out a $100,000 loan to purchase a new building. The interest rate on the loan is 9% per year and the required payments are $800 per month. What is the interest expense that the company will record for 2022?
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loan to purchase a new building. The interest rate on the loan

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