Following are transactions of the Purple Onion Company: 2422 Dec-i6 Accepted a 512,600,60-day, 5.5 note dated this day in eranting hal Krueger a t lae oxtension on his past-due account. 37 Made an adjustind entry to record the acerued interest on the Krueger note. 31 Closed the Interest income account. 2023 Feb, 14 Recelved Krueger"s paynent for the principal and interest on the note dated Decenber: 16 , Mar.2 Accepted a $7,000,3.75%,90-day note dated this day in granting a tloe extension on the past-due account af AeC Company. 17 Accepted a $2,500,30day, 4s note dated this day in granting Penmy Bobek a thae extension on her past-due account. Ape,16 llobek dishonoured her note ithen presented for paymeat. Recuired: a. Prepare journal entries to record the Purple Onlon's transactions. (Use 365 days in a year. Do not rour Round your answers to 2 decimal pleces.) Note: Enter debits before credits. b-1. Determine the maturity date of the note dated March 2. b-2. Prepare the entry on the maturity date, assuming ARC Company honours the note. (Use 365 days in a year. Do not round intermediate calculations. Round your onswers to 2 decimal places.) Journal entry worksheet Record the collection of principal and interest on the note. Note: Enter detaits before credits