Al$.$ On January $2,2024,$ Wuycik received a promissory note from a customer as consideration in an inventory sale transaction. Wuycik recorded the sale, but it has not yet recorded the interest earned on the note during $2024.$ The $4\%,533,625$ term note requires the customer to pay interest annually each January $1,2025$ through $2027.$ The relevant market rate of interest on the issue date was $8\%.$

A$2.$ Wuycik purchased its buildings in $2014$ and its equipment in $2017.$ Wuycik uses the straight$-$line depreciation method. For the buildings, the company uses an estimated life of $36$ years and no salvage value. For the equipment, it uses an estimated life of $9$ years and no salvage value. Note $-$ For the $2024$ depreciation calculations, ignore the new fixed assets Wuycik acquired on December $31,2024-$ the new buildings and equipment received in T$1,12$ and $13.$ Do consider the old buil dings Wuycik gave in T$11$ and $12,$ though, as the company used these assets for the full year. You should assume that Wuycik computed the $2024$ depreciation on them for T$1$ and T$2,$ but has not yet recorded the amounts.$)$

$2$

A$3.$ The Notes Payable balance of $$759,320$ results from two loans the company has taken. On May $1,2023,$ Wuycik took a $5-$year, $5\%,$$$635,320$ loan. The interest on this loan is payable annually, on each April $30.$ Also, on June $1,2024,$ Wuycik took a $1-$year, $8\%,$$$124,000$ construction loan $($see A $5$ below$).$ The interest on the construction loan is payable on the loan's maturity date, May $31,2025.$ Note$-$Wuycik already recorded the interest paid on these loans in $2024.$ For this adjustment, consider any accrued interest on the loans at the December $31,2024$ reporting date.$)$

A$4.$ On October $29,2024,$ Wuycik received $$51,210$ from a customer as payment in advance for goods to be delivered over the next $8$ months. The company recorded the collection in advance into a liability account. As of December $31,2024,$ Wuycik has delivered $$9,467$ of the goods promised to the customer. Need journal entries