Cornerstone Exercise 5-34 (Algorithmic) Notes Receivable Metzler Communications designs and programs a website for a local business. Metzler charges $33,000 for the project, and the local business signs an 5% note January 1, 2019. Required: 1. Prepare the journal entry to record the sale on January 1, 2019 Record sale 2. Determine how much interest Metzler will receive if the note is repaid on July 1, 2019 3. Prepare Metzler's journal entry to record the cash received to pay off the note and interest on July 1, 2019. If an amount box does not require an entry, leave it blank. Record collection of note receivable