Included in Culver Corp.$\text{'}$s December $31,2023$ trial balance is a note payable of $$18,200.$ The note is an eight$-$month, $12\%$ note dated

October $1,2023$

Prepare Culver's December $31,2023$ adjusting entry to record the accrued interest, and June $1,2024$ journal entry to record payment

of principal and interest due to the lender. $($List all debit entries before credit entries. Credit account titles are automatically indented when

amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$