Exercise 13-2 (Part Level Submission) The following are selected 2014 transactions of Sean Astin Corporation. Sept. 1 Purchased inventory from Encino Company on account for $50,250. Astin records purchases gross and uses a periodic inventory system. Oct. 1 Issued a $50,250, 12-month, 8% note to Encino in payment of account. Oct. 1 Borrowed $91,220 from the Shore Bank by signing a 12-month, zero-interest-bearing $97,580 note. (a) Prepare journal entries for the selected transactions above