Question: On November 1 , 2 0 2 4 , a company signed a $ 1 0 3 , 0 0 0 , 6 % ,

On November 1,2024, a company signed a $103,000,6%, six-month note payable with the amount borrowed plus accrued intere on May 1,2025. The company recorded accrued interest on December 31,2024. The payment of the note and interest on May 1, decrease by $106,090 and which of the following? (Do not round your intermediate calculations.)Multiple ChoiceLiabilities to decrease by $103,000 and stockholders' equity to decrease by $6,180.Liabilities to decrease by $104,030 and stockholders' equity to decrease by $2,060.Liabilities to decrease by $106,090.Liabilities to decrease by $107,120 and stockholders' equity to decrease by $2,060.

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