please help with these!

The Kido Company started operations this month and had the following transactions: 1 Owners invested $10,000 to start company 6 Purchased $500 of equipment on account Purchased $300 of supplies Completed work for a customer worth $1,900; sent bill Completed work for another customer and was paid $2,200 12 20 25 Based on the transactions above, what are the company's total assets? The Watanabe Company borrowed $40,000 on January 1st to help fund the purchase of some equipment. The loan has a two-year term, an interest rate of four percent and no payments will be made until the end of the loan term. When recording the related transactions in an accounting framework, what amount of interest expense will be recorded in the second year of the loan? Round your final answer to the nearest whole dollar and enter as a positive number