f. On May 1, Ship Fast received a two-month, 5%, $60 million note receivable from one of its large customers in exchange for the customer's past due account. Ship Fast made the proper year-end adjusting entry for the interest on this note Start with the note receivable transaction. Date Journal Entry Accounts Debit Credit Now record the year end adjusting entry for the note receivable. (Round your answer to two decimal places.) Date Journal Entry Accounts Debit Credit Requirement 1, 3, & 4. Prepare T-accounts for Accounts Receivable and Allowance for Uncollectibles, and insert the May 31, 2019, balances as given. Post your entries to the Accounts Receivable and the Allowance for Uncollectibles T-accounts. Compute the ending balances for the two T-accounts, and compare your balances to the actual May 31, 2020, amounts. They should be the same. (Use the first available cell on the debit or credit side of the T-account. Enter amounts in millions. Leave any unused cells blank.) Accounts Receivable Allowance for Uncollectible Accounts Beg. bal. 4458 Beg. bal. (c.) 380 (d.) 150 End. bal. These T-account balances above 3928 End, bal with the actual 2020 Ship Fast amounts. Requirement 5. Show what Ship Fast would report on its income statement for the year ended May 31, 2020. (Use a minus sign or parentheses for expenses or numbers to be subtracted. Enter amounts in millions.) Ship Fast Corporation Income Statement (Partial)