Exercise 13-3 (Algo) Short-term notes [LO13-2] The following selected transactions relate to liabilities of United Insulation Corporation. United's fiscal year ends on December 31. 2024 January 13 Negotiated a revolving credit agreenent with Parish Bank that can be renered annually upon bank approval. The anount available under the line of credit is $30.5 million at the bank's prine rate. February 1 Arranged a three-month bank loan of $7.8 million with Parish Bank under the line of credit agreement. Interest at the prine rate of 12x was payable at naturity. May 1 paid the 12x note at naturity. December 1 Supported by the credit line, issued \$18.0 million of comercial paper on a nine-month note. Interest was discounted ot issuance at a 11% discount rate. Decenber 31 Recorded any necessary adjusting entry(s). 2025 September 1 pald the commercial paper at maturity, Required: Prepare the approptiate joumal entries through the maturity of each liabiity. Note: Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first occount field. Enter your answers in whole dollars