Question: Payment Payment Interest Principal Remaining Year Payment # Month Portion Portion Balance 0 NA NA NA NA NA $100,000.00 1 1 March $19,076.19 $4,000.00 $15,076.19

Payment Payment Interest Principal Remaining Year Payment # Month Portion Portion

Payment Payment Interest Principal Remaining Year Payment # Month Portion Portion Balance 0 NA NA NA NA NA $100,000.00 1 1 March $19,076.19 $4,000.00 $15,076.19 $84,923.81 2 September $19,076.19 $3,396.95 $15,679.24 $69,244.57 2 3 March $19,076.19 $2,769.78 $16,306.41 $52,938.16 4. September $19,076.19 $2,117.53 $16,958.66 $35,979.50 3 5 March $19,076.19 $1,439.18 $17,637.01 $18,342.49 6 September $19,076.19 $733.70 $18,342.49 ($0.00) A firm is preparing its Year 3 balance sheet on 12/31 Year 3, what is accrued interest on this loan? $0 $719.59 $19,076.19 $366.85

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