On March 1, LGE asks to extend its past-due $5,600 account payable to Tyson. Tyson agrees to accept $1,300 cash and a 180-day, 8%, $4,300 note payable to replace the account payable. Note: Use 360 days a year. (1) Prepare the March 1 entry for LGE. (2) Prepare the August 28 entry for LGE when it pays the note and interest to Tyson. Journal entry worksheet Record LGE's entry to extend its past-due $5,600 account payable by paying cash of $1,300 and issuing a 180 -day, 8%,$4,300 note payable. Note: Enter debits before credits