Marathon Running Shoes reports the following:

2012:

May 4 - Recorded Estate credit card sales of 107,000 net of processor fee of 3%

Sep 1 - Loaned 17,000 to Jean Porter, an executive with the company, on a one-year, 15% note

Dec 31 - Accrued interest revenue on the Porter note

2013:

Sept 1 - Collected the maturity value of the Porter note

1. Journalize all entries required for Marathon Running Shoes