on Answer Selection 9 15 80 35 >2. 28 30 31 34 40 19 Question Completion Status: Debit of $500 to Interest expense Debit of $6,000 to Interest expense 10 56 60 70 100 110 120 130 140 29 32 33 36 37 38 39 41 42 Debit of $2,348 to Interest expense Credit of $333 to Interest expense A Moving to another question will save this response Question 2 Answer Selection $97,652 Question 23 $94,000 On January 1, 2020 Mushroom Corp entered into a four-year installment note for $100,0 $98,152 The note requires a monthly payment of $2,348. $97.985 1. The journal entry to record the interest expense on January 31, 2020, will include a: 2. What will be the new Carrying Value of the Note Payable after the journal entry? 12 19 * Question Completion Status: Question 1 Answer Selection 10 20 30 50 60 70 80 90 100 110 120 130 140 15 Debit of $500 to Interest expense 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 Debit of $6,000 to Interest expense Debit of $2,348 to Interest expense A Moving to another question will save this response. Credit of $333 to Interest expense Question 23 Question 2 Answer Selection $97,652 On January 1, 2020 Mushroom Corp entered into a four-year installment note for $100,0 The note requires a monthly payment of $2,348. $94,000 $98,152 1. The journal entry to record the interest expense on January 31, 2020, will include a: $97,985 2. What will be the new Carrying Value of the Note Payable after the journal entry