Check my work Precision Castparts, a manufacturer of processed engine parts in the automotive and airline industries, borrows $39 million cash on October 1, 2021, to provide working capital for anticipated expansion. Precision signs a one-year, 7% promissory note to Midwest Bank under a prearranged short-term line of credit. Interest on the note is payable at maturity. Each firm has a December 31 year-end. 3. Prepare the journal entries on September 30, 2022, to record payment of the notes payable at maturity. (Do not round Intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions. For example, $5.5 million should be entered as 5,500,000.) View transaction list Journal entry worksheet View transaction list Journal entry worksheet Record the repayment of the note at maturity for Precision Castparts. Note: Enter debits before credits. Date General Journal Credit September 30, 2022 Notes Payable Pinterest Expense Interest Payable Cash Debit 39,000,000 2,047,500 682,500 2,730,000 Record entry Clear entry View general Journal View transaction list Journal entry worksheet Record the receipt of cash at maturity for Midwest Bank. Note: Enter debits before credits Debit Credit Dato General Journal September 30, 2022 Cash Interest Receivable Record entry Clear entry View general journal