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Craig borrowed $2,100,000 on October 1, 2020 and is required to pay $2,160,000 on March...

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Accounting

Craig borrowed $2,100,000 on October 1, 2020 and is required to pay $2,160,000 on March 1, 2021. What amount is the note payable recorded at on October 1, 2020 and how much interest is recognized from October 1 to December 31, 2020? $2,100,000 and $0 $2,160,000 and $0 $2,100,000 and $36,000 $2,160,000 and $60,000.

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