2. On August 1, 2022, The Resort at Mill Lake, Inc., purchased inventory costing $50,000 by signing a 6%, six-month, short-term note payable. The company will pay the entire note (principal and interest) on the note's maturity date. Read the requirements. Requirement 1. Journalize the company's purchase of inventory. (Record debits first, then credits. Exclude explanations from journal entries.) Date 2022 Aug 1 (1) (2) Journal Entry Accounts Debit Credit (3) (4) Requirement 2. Make the adjusting entry for accrual of interest on the note payable on December 31, 2022. (Record debits first, then credits. Exclude explanations from journal entries.) Date 2022 Dec 31 (5) (6) Journal Entry Accounts Debit Credit (7) (8) Requirement 3. At December 31, 2022, what is reported on the balance sheet related to this note payable? (If an input field is not used in the table, leave the field empty; do not select a label or enter a zero.) Balance Sheet (partial) on December 31, 2022 Account (9) (10) (11) Amount Requirement 4. Record the payment of the note payable (principal and interest) on its maturity date. (Record debits first, then credits. Exclude explanations from journal entries.) Date 2023 Feb 1 (12) (13) (14) (15) Journal Entry Accounts Debit Credit