Pane Co. had the following borrowings on its books at the end of the current year: + $100,000, 12 percent interest rate, borrowed five years ago on September 30; interest payable March 31 and September 30. + $75,000, 10 percent interest rate, borrowed two years ago on July 1; interest paid April 1, July 1, October 1, and January 1 + $200,000, noninterest-bearing note, borrowed July 1 of current year, due January 2 of next year, proceeds $178,000 What amount should Pane report as interest payable in its December 31 balance sheet?