Cant solve problem

Oct 25, 2013
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Kieso Company borrowed $740,000 on a 120-day note at 11 percent interest. The money was borrowed for 45 days in 2011 and 75 days in 2012; the note and interest were to be paid upon maturity in 2012. (Assume 360 days in a year.)

How much interest expense, if any, would be reported in 2011 and in 2012? (Do not round intermediate calculations and round your final answers to the nearest dollar amount. Omit the "$" sign in your response.)

Interest expense
2011 $
2012 $

How do i account for these? Can someone help please?

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