Quir er 9 Video Lecture Assignment Help Save & Exit Required information The following information applies to the questions displayed below. Riley Company borrowed $22,000 on April 1, Year 1 from Titan Bank. The note issued by Riley carried a one-year term and a 8% annual interest rate. Riley earned cash revenues of $880 during Year 1 and $900 during Year 2, Assume no other transactions Based on this information alone, what are the amounts of total liabilities that would appear on Riley's December 31 balance sheets for Year 1 and Year 2, respectively? ook Multiple Choice $22,000 and so $23,320 and $o Prex3 of 10 Next>