Answer 17 & 18 Please.

17. On November 1, 2019, Blunt sold some inventory to Jacob who was short on cash. Blunt agreed to accept a $540,000 non-interest bearing, 6-month note receivable to be paid May 1, 2020. The inventory normally sales for $487,800. Prepare Blunt's entries on the date of sale, December 31, 2019 year end, and the collection of the note of May 1, 2020. (Ignore COGS) 18. On December 1, 2019, Blunt sold some inventory to Kopple who was short on cash. Blunt agreed to accept a $250,000, 12%, 90-day note receivable to be paid March 1, 2020. Prepare Blunt's entries on the date of sale, December 31, 2019 year end, and the collection of the note of March 1, 2020. (Ignore COGS)