Barkers Baked Goods purchases dog treats from a supplier on February 2 at a quantity of 20,000 treats at $3 per treat. Terms of the purchase are 2/10, n/30. Barkers pays half amount due in cash on February 28 but cannot pay the remaining balance due in four days. The supplier renegotiates the terms on March 4 and allows Barkers to convert its purchase payment into a short-term note, with an annual interest rate of 6 percent, payable in 9 months