FAEILIDE O.O (MIYU) NELVIU a HIE UI LIEUI The following selected transactions relate to liabilities of Pacific Coast Adventures. Pacific Coast's fiscal year ends on December 31. January 13 Regotlate a revolving eredit agreement with First Bank that can be resewed annually upon bank approval. The amount avallable under the line of credit is 510 million at the bank's prime rate. February 1 Arrange a three-month bank losn of 54.4 million with First Bank under the 1 ine of eredit agreement. Interest at the prime rate of 8 tis payable at maturity. May 1 Pay the 61 note at maturity* Required: Record the appropriate entries, if any, on January 13. February 1, and May 1. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. 5 million should be entered as 5,000,000).) Journal entry worksheet Negotiate a revolving credit agreement with First Bank that can be renewed annually upon bank approval. The amount avallable under the line of credit is $10 million at the bank's prime rate. wote: ENter debits before oredits Journal entry worksheet Arrange a three-month bank loan of $4.4 million with First Bank under the line of credit agreement. Interest at the prime rate of 8% is payable at acurity. Note: Enter debits before credits. Journal entry worksheet Pay the 8% note at maturity. Note: Enter debits before credits