2017 Jan. 9 Purchased computer equipment at a cost of $16,000, signing a six-month, 9% note payable for that amou 29 Recorded the week's sales of $64,000, three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold Feb. 5 Sent the last week's sales tax to the state Jul. 9 Paid the six-month, 9% note, plus interest, at maturity. Aug. 31 Purchased merchandise inventory for $12,000, signing a six-month, 11% note payable The company uses the perpetual inventory system. Dec. 31 Accrued warranty expense, which is estimated at 4% of sales of $606,000 31 Accrued interest on all outstanding notes payable 2018 Feb. 28 Paid the six-month 11% note, plus interest, at maturity