Following are selected transactions Danica Company for 2014 and 2015.

2014

Dec.	13	Accepted a $9,500, 45-day, 8% note dated December 13 in granting Miranda Lee a time extension on her past-due account receivable.
	31	Prepared an adjusting entry to record the accrued interest on the Lee note.

2015

Jan.	27	Received Lee's payment for principal and interest on the note dated December 13.
Mar.	3	Accepted a $5,000, 10%, 90-day note dated March 3 in granting a time extension on the past-due account receivable of Tomas Company.
	17	Accepted a $2,000, 30-day, 9% note dated March 17 in granting H. Cheng a time extension on his past-due account receivable.
Apr.	16	H. Cheng dishonors his note when presented for payment.
May	1	Wrote off the H. Cheng account against the Allowance for Doubtful Accounts.
June	1	Received the Tomas payment for principal and interest on the note dated March 3.

First, complete the table below to calculate the interest amounts.(Do not round your intermediate calculations. Use 360 days a year.)

M. Lee Note: Tomas Co Note: H. ChengNote:

Use those calculated values to prepare your journal entries.