Exercise 9-4 Interest-bearing notes payable with year-end adjustments LO P1 Keesha C0. borrows $160,000 cash on November 1, 2017, by signing a 90-day, 11% note with a face value of S160.000. 1. On what date does this note mature? (Assume that February has 28 days) January 25, 2018. January 26, 2018. January 27, 2018. January 28, 2018. January 30, 2018. 2. & 3. What is the amount of Interest expense in 2017 and 2018 from this note? (Use 360 days a year. Round final answers to the nearest whole dollar.) Total Interest Interest through Expense Expense maturity2017 2018 Principal Rate (%) Total interest 4. Prepare journal entries to record (a) issuance of the note, () accrual of Interest at the end of 2017, and (C) payment of the note at maturity. Assume no reversing entries are made.) (Use 360 days a year. Do not round intermediate View transaction list View journal entry worksheet General Journal (a) Cash Notes payable (b) Interest expense Interest payable (c) Notes payable Interest payable Interest expense Cash