4. Following are transactions of The Barett Company: 2017 Dec. 16 Accepted a $22,000, 60-day, 5% note dated this day in granting Camel Karuthers a time extension on her past- due account Dec. 31 Made an adjusting entry to record the accrued interest on the Kanthers note. Dec. 31 Closed the Interest income account. 2018 Feb. 14 Received Karuthers' payment for the principal and interest on the note dated December 16. Mar. 2 Accepted an $8,000,4%, 90-day note dated this day in granting a time extension on the past-due account of ATW Company. Prepare journal entries to record The Bamett Company's transactions. (Assume 365 days in a year. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to 2 decimal places) Total Points: 6 Account Debit Credit Dec 16 Date Dec 31 Dec 31 Account Debit Credit Date Feb 14 Mar 2