Question: On September 1 , 2 0 2 4 , Daylight Donuts signed a $ 2 4 6 , 0 0 0 , 9 % ,

On September 1,2024, Daylight Donuts signed a $246,000,9%, six-month note payable with the amount borrowed plus accrued interest due six months later on March 1,2025. Daylight Donuts should report interest payable at December 31,2024, in the amount of:
Multiple Choice
$0
$3,690
$7,380
$11,070

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