On August 31, Home Depot sold materials for $6,000 that are subject to a 5% sales tax. On June 30, Rihanna sells $5,000,000 in tickets for eight concerts. On Oct. 31, Rihanna performs a concert. On August 23, Brady Company asks McGraw to accept $100 cash and a 60-day, 12% $500 note to replace its existing $600 Account Payable. On October 22(comes due), Brady pays the note plus interest to McGraw. On November 7, 2017, Mura Company borrows $160,000 cash by signing a 90-day, 8% note payable with a face value of $160,000. (1) Compute the accrued interest payable on December 31, 2017, (2)prepare the ournal entry to record the accrued interest expense at December 31, 2017, and (3)prepare the journal entry to record payment of the note at maturity