C.S. Pharoah Company had the following transactions involving notes payable. July 1, 2027 Borrows $58,500 from First National Bank by signing a 9-month, 8\% note. Nov. 1, 2027 Borrows $70,200 from Lyon County State Bank by signing a 3-month, 6% note. Dec. 31, 2027 Prepares annual adjusting entries. Feb. 1, 2028 Pays principal and interest to Lyon County State Bank. Apr. 1, 2028 Pays principal and interest to First National Bank