Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decima rounded to 4 decimal places (ex: 0.0924)) 45 Prior Year Current Year ??? ??? 320,715 397,400 Category Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock 40,500 33,750 500,000 541,650 17,500 47,500 94,000 105,000 COGS 328,500 430,562.00 Current portion long-term debt 33,750 35,000 Depreciation expense 54,000 55,795.00 Interest expense 40,500 41,606.00 Inventories 279,000 288,000 Long-term debt 336,389.00 398,524.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 161,704.00 Retained earnings 306,000 342,000 Sales 639,000 846,361.00 Taxes 24,750 47,175.00 What is the entry for the current year's interest expense on a common-sized income statement