7 716 points The following transactions are from Ohlm Company. (Use 360 days a year.) Year 1 December 16 Accepted a(m) 611,400, 60-day, note in granting Danny Todd time extension on Ni pat-dun account Tenivable December 31 Mede as adjusting entry to record the served interest on the Todd note. Year 2 February 16 Received Todd payment of principal and interest on the note dated December 16. March 3 Accepted arn) 18,000, 60, 90-day nate in granting time extension on the past-due account receivable from Midnight Company March 17 accepted $3,400, 30-day, 7 note in granting Ava Privet time extension on her past-due account receivable April 16 Privet dishonored her note. May 31 Midnight Company dishonored its note. August + Accepted at $7,500, 90-day, 124 note in granting time extension on the post-doccount receivable of Mulan Company september opted a $3,590, co-day. note in granting Noah Carson a time extension on his past de account receivable November Rived payment of principal plus interest from Carson for the september ) note. November 5 Received payment of principal plus interent from Mulan for the Muguet note. December 1 wrote of the Privet account against the Allowance for Doubtful Account Required: ha. First, complete the table below to calculate the interest amount at December 31, Year 1. Sb. Use the calculated value to prepare your journal entries for Year 1 transactions 1-c. First, complete the table below to calculate the interest amounts 1-d. Use those calculated values to prepare your journal entries for Year 2 transactions 2. If Ohim pledged its receivables as security for a loan from the bank, where on the financial statements does it disclose this pledge of receivables? References Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 1C Required 1D Required 2 Use the calculated value to prepare your journal entries for Year 1 transactions. (Do not round Intermediate calculations.)