Exercise 10-1 Jenny Kanne and Cindy Travis borrowed $15,000 on a 7-month, 896 note from Golden State Bank to open their business, KT's Coffee House. The money was borrowed on June 1, 2014, and the note matures January 1, 2015 on a 7-month, 8% note from Golden Stat e Bank to open their business, KT's Coffee