On November 7, 2017, Mura Company borrows $350,000 cash by signing a 90-day, 8 % note payable with a face value of $3500,000. (Use 360 days a year. Do not round your Intermediate calculations.) . 1. Compute the accrued interest payable on December 31, 2017. Principal x Rate (% Time Interest Total through maturity Year end interest accrual 22704 Interest recognized February 5 t December 31, 2017 and payment of the note at maturity
2. Prepare the journal entry to record the accrued Interest expense
3. Record the accrued interest expense.

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position