P11-1A The following transactions of Leland Communications occurred during 20X4 and 20X5: 20X4 Jan. 9 29 Feb. 5 28 July 9 Oct. 22 Nov. 30 Dec. 31 31 20X5 Jan, 20 Feb. 28 Purchased equipment at a cost of $20.000, signing a six-month, 8% note payable for that amount. Recorded the week's sales of $40.200, three-fourths on credit, and one-fourth for cash. Sales amounts are subject to an additional 6% state sales tax. Sent the last week's sales tax to the state. Borrowed $200,000 on a four-year, 9% note payable that calls for annual install- ment payments of $50.000 principal plus interest. Paid the six-month, 8% note at maturity. Discounted a $10,000, 90-day, 8% note payable to the bank, receiving cash for the net amount after interest was deducted from the note's maturity value. Purchased inventory for $3,100, signing a six-month, 10% note payable. Accrued warranty expense, which is estimated at 3% of sales of $650.000. Accrued interest on all outstanding notes payable. Made a separate interest accrual entry for each note payable. Paid off the 8% discounted note payable. Made a separate entry for the interest. Paid the first installment and interest for one year on the long-term note payable. May 31 Paid off the 10% note plus interest on maturity. Required Record the transactions in the company's general journal. Explanations are not required.