Complete the journal entries below:

6. February 1: In order to keep up with being 104 year old hip evil billionaire, Mr. Burns decided to purchase a new truck. The truck cost $40,000. Mr. Burns put a down payment on the truck of $10,000 and took out a note for the rest (long term). The interest rate of the note is 8%. The truck will depreciate by miles. The expected life of the truck is 100,000 miles.

9. March 1^st. Mr. Burns reclassed $50,000 from the long term note payable to current

11. March 6: Mr. Burns collected $30,000 of the 1/1/2020 balance of the note receivable from Mayor Quimby. The interest rate was 15% and the Note was written on July 6^th, 2019

13. March 15: Mr. Burns paid income tax payable owed from last year.