On December 11, Year 1, Hooper Inc. made a credit sale to Marshall Company and required Marshall to sign a $21,000,60-day note. Required: Prepare the joumal entries necessary to record the receipt of the note by Hooper, the accrual of intorest on December 31, Year 1, and the customer's ropayment on February 9, Year 2, assuming: 1. Interest of 9% was assessed in addition to the face value of the note. 2. The note was issued as a $21,000 non-interest-bearing note with a present value of $20,687. The implicit thtorost rate on the note receivat was 9%. Assume a 360 -day year. 1. Prepare the journal entries necessary to record the receipt of the note by Hooper, the accrual of intorest on December 31, Year 1, and the customer's repayment on February 9 , Year 2 , assuming an interest rate of 9% was assessed in addition to the face value of the note. General Joumal instructions 2. Prepare the journal entries necessary to record the receipt of the note by Hooper, the accrual of interest on December 31, Year 1, and the customer's repayment on February 9 , Year 2 , assuming the note was issued as a $21,000 non-interest-bearing note with a present value of $20,687. The implicit interest rate on the note receivable was 9%. Assume a 360 -day year