LUCU Lorows $290,000 cash on December 1, 2017 by signing a 180-day, 7% note with a face value of $290,000 1. On what date does this note mature? (Assume that February has 28 days) May 25, 2018 May 26, 2018 May 27, 2018 May 28, 2018 May 30, 2018 2. & 3. What is the amount of interest expense in 2017 and 2018 from this note? (Use 360 days a year. Round final answers to the nearest whole dollar) Total through maturity Interest interest Expense 2017 Expense 2018 2.& 3. What is the amount of interest expense in 2017 and 2018 from this note? (Use 360 days a year. Round final answers to the nearest whole dollar.) Total through maturity Interest Interest Expense 2017 Expense 2018 s Principal Rate() 290.000 $ 290.000 S 736 180/3607 10.150 290.000 70 180/360 Time 150/360 Total Interest $ 4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest at the end of 2017, and (c) payment of the note a maturity (Assume no reversing entries are made.) (Use 360 days a year. Do not round intermediate calculations.) View transaction list Journal entry worksheet 2 3 Record the issuance of the $290,000 note. Notei Criter debits before credits Transaction General Journal Journal entry worksheet Record the interest accrued on the note as of December 31, 2017 Note: Enter debits before credits Transaction General Journal Debit Credit Clear entry View RECUE ouma Journal entry worksheet