$$37,387.$ The implicit interest rate is $11$ K $.$

Prepore Fin's journal entries for $($a$)$ the lanuary $1$ insuance and Al the Deconber $31$ necogition of interest. Round anveers Eo $0$ autiesotically indented when the amount hestend. De not indest nacuaty the af detit ebles before andt enblec.$)$

$\backslash$table$[[$No$.,$Date,,Delar$],[($a$).,,7,],[,,,,],[,,$I,$],[0\mathrm{.}4,,,]]$

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