Question: s A $37,000, two-month, B% note payable was issued on December 1, 2018. What is the amount of interest expense recorded in the year 2019?

A $37,000, two-month, B% note payable was issued on December 1, 2018. What is the amount of interest expense recorded in the year 2019? (Round your final answer to the nearest dollar) Multiple Choice $493 $37,493 $247 $2,960

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