Question: 4. On September 1, 2017, Lowe Co. issued a note payable to National Bank in the amount of $1,500,000, bearing interest at 9%, and payable

4. On September 1, 2017, Lowe Co. issued a note payable to National Bank in the amount of $1,500,000, bearing interest at 9%, and payable in three equal annual principal payments of $500,000. On this date, the bank's prime rate was 8%. The first payment for interest and principal was made on September 1, 2018, At December 31,2018 , how much should towe record as accrued interest payable in the Balance Sheet

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