2 (6 points) A select list of transactions of Namely Company are listed below: Date Description 3/1/2022 9/1/2022 10/1/2022 11/1/2022 Transaction Issued a $40,000 note to Lake Company in exchange for a machine. Lake discounted the note at 9%. The note is due on October 1, 2022. Purchased merchandise on account from Aspen Co., $12,000. Paid Lake Company the amount due on the note of March 1. Co. on account. 12/31/2022 2/1/2023 November 1. Issued a 3-month, 12% note for $12,000 to Aspen Accrued interest on the Aspen Co. note. Paid Aspen Co. the amount owed on the note of Required: Prepare journal entries (journal entry descriptions NOT required) for Namely Company to record the transactions above. If necessary, round all figures to whole dollars. Namely's fiscal year end is December 31st. NOTE: YOUR SOLUTION MUST BE IN HAND- WRITTEN FORM AND INCLUDE ALL SUPPORTING CALCLUATIONS OR YOU WILL RECEIVE 50% OF THE POINTS POSSIBLE