Many businesses borrow money during periods of incressed business activity to finance inventory and accounts receivable. For example, Mitt Corporaton bulls up Is inventory to meet the needs of retailers seling to Christmos shoppers. A large portion of Mit Corporation sailes are on crecit. As a result, Mirt Corporntion otien collects cash from its sales several months after Chilstrass. Assume on November 1,202t. Mm Corporation bonowed 56.9 milion cash from Metropolitan Bank and signed o promissory note that matures in sik monthis. The interest rate was 8.00 percent payable at maturity. The accounting period ands December 31 Required: 1. indicate the bccounth, amounts, and effects of the (d) issuance of the note on November 1;(b) impact of the adfusting entry on December 31, 202t and id the phyment of the note and interest on April 30, 2022, on the accounting equation. (Do not round intermediate calculations. Enter your answers in whole dollars. Enter any decreases to assets, Fiabisities, or stockholders equity with a minus sign