9-Quz 60 Required information Problem 9-1A Short-term notes payable transactions and entries LO P1 The folowing information applies to the questions displayed below. 142 Tyrel Co. entered into the following transactions involving short-term liablities in 2016 and 2017 2016 Apr20 urchased t35.500 of merehandise on credit troLocuse, tern-"/30. Tyrell use. the perpetual Rey ., Replaced the April 20 account payable to tacuat vith90.4ay. u5,100 nate bearing h Annual July k lorrwed $60,010 eash tren m Nak by .ping a 20-day, iis interest-bearing note with a face value iaterest along with paying 500 is cash. Paid the anount due on the note to loeust at the naturity date Paid the anount due on the note to B Bank at the naturity date. ow. 28 Sorrowed 127,500 cesh from Terge k by igning so-day, 9t interest-bearing sote with a face vae 31 ecoeded as juating entry for scerued interest on the sate to Targo Bank. ssount due on the nate to targo Bank a st the maturity date. Problem 9-1A Part 4 4 Determine the interest expense to be recorded in 2017. (Do not round intermediate calculations and round your final answers to nearest whole dellar. Use 360 days a year Prev 67.of7 ngt > Co