On June $3,20$x$1,$ Alaska State Company received a $$6,000,60-$day, $10$ percent note from Samuel Adams, a customer whose account

was past due. The note was discounted on June $18,201$ at the Second State Bank and Trust. The bank charged a discount rate of

$12\%.$

Required:

Prepare the journal entries regarding this note. $($Use $360$ days a year. Round your answers to $2$ decimal places.$)$