The following is an alphabetical list of all of the balance sheet accounts for Maxwell, Inc. at December 31, 2019. All accounts have normal balances.

Accounts payable       107

Accounts receivable   245

Buildings                    723

Cash                            327

Common Stock           440

Interest Payable ?

Inventory                    194

Note Payable              500

Retained Earnings       372

To answer this question we will use below related formula's

For any Company Total Assets = Capital + Total Liabilities

As Interest payable is a liability for the organization means we have value missing on the liability side.

So we can change the formula as Total Liabilities = Total Assets - Capital

Once we found the Total Liabilities balance then use below formula

Interest Payable = Total Liabilities as per calculation - sum of given balance of liabilities

Let's categories the given data

As per category Total Assets = 1489

As per category Total Liabilities given = 607

As per category Capital = 812

Now Calculate the Total Liabilities

Total Liabilities = Total Assets - Capital

Total Liabilities = 1489 -812 = 677

Interest Payable = Total Liabilities as per calculation - sum of given balance of liabilities

Interest Payable = 677 - 607 = 70

So Interest payable amount is 70

Hope given answer will solve your query.