19. Many businesses borrow money during periods of increased business activity to finanoe inventory and accounts receivable. Nestor Matthews is one of America's most prestigious retailers. Each Christmas season. Nestor Matthews builds up its inventory to meet the needs of Christmas shoppers. A large portion of these Christmas sales are on credit. As a result,. Nestor Matthews often collects cash from the sales several months atter Christmas. Assume that on November 1 of this year, Nestor Mathews borrowed $5.2 million cash from Bank of Georgia to meet short-term obligations. Nestor Matthews signed an interest-bearing note and promised to repay the $5.2 million in six months. The annual interest rate was 6%. All interest will accrue and be paid when the note is due in six months. Nestor Matthews accounting period ends December 31