Date of note Principal Amount Interest Rate Number of Days December 31, 2021 Note 1 November 25, 2021 $28,000 8% Note 2 December 16, 2021 17,800 9% 90 60 December 31, 2022 Note 3 December 11, 2022 16,400 9% Note 4 December 07, 2022 19,000 10% 120 90 Required a. Prepare the adjusting entries for interest at December 31, 2021. b. Assume that the adjusting entries were made at December 31, 2021, and that no adjusting entries were made during 2022. Prepare the 2022 journal entries to record payment of the notes that were outstanding at December 31, 2021. c. Prepare the adjusting entries for interest at December 31, 2022. Round answers to nearest dollar. Use 360 days for interest calculations when applicable. Date Dec.31 General Journal Description Debit Credit Dec.31 To record interest on note 1. To accrue interest on note 2. b. Feb.14 Notes Payable Interest Expense To record payment of Note 2. Feb.23 Notes Payable Interest Expense To record payment of Note 1. C. Dec.31 Dec.31 To record interest on Note 3. To record interest on Note 4.