On January 1 , Orange Corp. accepted a one - year note for $7,000 at 5% from one of its customers. When the note matured on December 31, the customer was unable to pay, and the company treated it as a dishonored note. The journal entry would be: States Company bought equipment that has annual depreciation of $14,000 using the straight - line method. The company uses the calendar year. On October 1 , the company sold the equipment for $48,000. What is the amount of the adjustment that needs to be made for the additional depreciation expense in the year sold? Do not round any intermediate calculations. Round the final answer to the nearest dollar. A. $11,667 B. $3,500 C. $9,333 D. $10,500 On October 1, 2025, Parker, Inc. provided a loan to one of its customers. The customer signed a 6 - month note for $110,000 at 12%. Calculate the maturity value of the note. Round any intermediate calculations to two decimal places, and final answer to the nearest dollar. A. $103,400 B. $96,800 C. $123,200 D. $116,600