More info Next question 2018 Feb 3 28 Mar 7 Apr Purchased equipment for $15,000, signing a six-month, 12% note payable. Recorded the week's sales of $63,000, one-third for cash, and two-thirds on account. All sales amounts are subject to a 5% sales tax. Ignore cost of goods sold. Sent last week's sales tax to the state 30 Borrowed $150,000 on a four-year, 10% note payable that calls for annual payment Aug 3 Nov 30 of interest each April 30. Paid the six-month, 12% note at maturity Purchased inventory at a cost of $3,000, signing a three-month, 4% note payable for that amount Dec 31 Accrued warranty expense, which is estimated at 6.0% of total sales of $600,000. 31 Accrued interest on all outstanding notes payable. Accrued interest for each note 2019 Feb separately. Apri 28 Paid off the 4% inventory note, plus interest, at maturity 30 Paid the interest for one year on the long-term note payable Print Done 55 MacBook A 36 6 84 Oll g: 8 . 8 &7 R T Y U F G H J DO 19 6 K V B N M