Question: Global Enterprises, Inc. signed a one - year $ 4 7 , 0 0 0 note payable at 9 % interest on April 1 ,

Global Enterprises, Inc. signed a one - year $47,000 note
payable at 9% interest on April 1,2025. If Global only adjusts its
accounts once a year at year - end, how much interest expense
was accrued on December 31,2025?(Round any intermediate
calculations to two decimal places, and the final answer to the
nearest whole number.)
A. $4,230
B. $3,525
C. $3,173
D. $1,058
 Global Enterprises, Inc. signed a one - year $47,000 note payable

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