Entries for and Financial Statement Presentation of a Note Augustine Corporation borrowed $69,000 from the J.P. Morgan Chase Bank on June 1, 2023, on a 3-year, 8.7% note. Interest is paid annually on May 31 . If required, round amounts to the nearest dollar. Required: 1. Record the borrowing transaction in Augustine's journal. If an amount box does not require an entry, leave it blank. 2023, June 1 Record issuance of note at par 2. Prepare the adjusting entries made at December 31, 2023 and 2024. If an amount box does not require an entry, leave it blank. 2023, December 31 Record interest expense 2024, December 31 Record interest expense Record interest expense and payment of interest 5. Prepare the necessary journal entries to record the repayment of the note and the last year's interest payment on May 31,2026 . If an amount box does not require an entry, leave it blank. Record interest expense and payment of interest 2026,May31 Record repayment of note principal