8 Exercise 9-12 Notes receivable transactions LO P4 Following are selected transactions of Danica Company for 2016 and 2017 2016 Dec. 13 Accepted $14,000, 45-day, 8t note dated December 13 in granting Miranda Lee a time extension on her past-due account receivable 31 Prepared an adjusting entry to record the accrued interest on the Lee note. eBook 2017 an. 27 Received Lee's payment for principal and Interest on the note dated December 13. Mar. 3 Accepted a ss,e00, 8, 90-day note dated March 3 in gre ting a tine ertension on the past due account receivable of T-. Company 17 Accepted . S6,000, 30-day, 8% note dated March 17 in granting H. Cheng a time extension on his past-due account receiv able Apr. 16 H. Cheng dishonored his note when presented for payment May 1 Mrote off the H. Cheng account against the Allovance for Doubtful Accounts une 1 Received the Tomas payment for principal and interest on the note dated purch . Complete the table to calculate the interest amounts and use those calculated values to prepare your journal entries. (Do not round intermediate celculations. Use 360 days a year Complete this question by entering your answers in the tabs below M Lee Note Genera Tomas Co H Cheng Note ournal Co Complete the table to calculate the interest amounts Total Through Accrued at Recognized Maturity December 31 January 2 Principal