5. Grossman Products began operations in 2013. The following selected transactions occurred from September 2013 through April 2014. Grossman's fiscal year ends on December 31. 2013: (3.) On September 5, Grossman opened a checking account and negotiated a short-term line of credit of up to $10,000,000 at 10% interest. The company is not required to pay any commitment fees, (6.) On October 1, Grossman borrowed 10,000,000 cash and issued a 6-month promissory note with 10% interest payable at maturity. (c.) Grossman received $3,000 of refundable deposits in December for reusable containers. (d.) For the September through December period, sales totaled $4,000,000. The state sales tax rate is 7% and 75% of sales are subject to sales tax. (e.) Grossman recorded accrued interest. 2014: (f.) Grossman paid the promissory note on the April 1 due date. (8.) Half of the storage containers are returned in March, with the other half expected to be returned over the next 6 months Required: 1. Prepare the appropriate journal entries for the 2013 transactions. 2. Prepare the appropriate journal entries for the 2014 transactions