help me with quest 8&9 pls

s on January 1, 2017, Buchanan Company accepted a $40,000 interest bearing note from a 10%, customer. The market interest rate at that time was 10%. The stated interest rate on the note was payable at the end of each year. The note matures in 2 years. Required: Company to record receipt of the note, Prepare the journal entries for the Daisy Buchanan recognition of interest, and collection of the amount due upon maturity 9 The following is inventory and related information taken from the records of M Wilson Company: Retail Cost 100,000 60,000 Beginning inventory 200,000 120,000 Purchases (net) 10,345 Net markups 26,135 Net markdowns 185,000 Sales revenue Required: using the conventional retail method. Determine the value of ending inventory at cost