Many businesses borrow money duiring poriocs of lncreased buntness bctivity to finsnce invertony and accounts recelveble. For example, Mitt Comparation bulids up lts Inveciory to meet the needs of refnllers setlng fo Christmas shoppers. A iarge portion of Mimt Corporation swes are on credit. As a result, Mith Comporation oftno collects cash from lts sales beveral months afler Chelstenos. Assume on Novertbet 1, 2021, Mut Carporabion barrowed Sb.7 milion cash trom Metropottkn Bark arnd signed a promissory note that matures in sis months. The interest rate was 700 petcent psybble st maturth. The accounting perlod endi December 31 Prequired: Bectember 31, 202t; and (a) the peyment of the hote and interest on Agre 30, 202z. on the accounting equation. gDo not round with intinut sigh