On June 30, 2022, Boomer Co. sold merchandise to a customer for $40,000 and received the customer's 5% note in payment. The note requires the payment of interest and principal on March 31, 2023. Required: 1. Prepare journal entries to record the receipt of the note on June 30, 2022; the December 31, 2022 adjusting entry for interest; and the March 31, 2023 receipt of interest and principal. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries to record the sale of merchandise and the receipt of the note, the December 31, 2022 adjusting entry for interest, and the March 31, 2023 collection of interest and principal. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)