June 1	James Co. purchased merchandise on account from O'Leary Co., $90,000, terms n/30. The cost of merchandise sold was $54,000.
June 30	James Co. issued a 60-day, 5% note for $90,000 on account.
Aug. 29	James Co. paid the amount due.

James Co. (Borrower). If an amount box does not require an entry, leave it blank. When required, round your answers to the nearest dollar.