On November 1, 20X1, Yung Corp. provided consulting services in exchange for a one-year, 8% promissory note with a face value of $50,000The note is interest- bearing The note's face value plus accrued interest compounded annually will be paid back when the nature matures on October 31, 20X2. Required: Before answering the following three questions, prepare all the journal entries (11/1/X1, 12/31/X1, and 10/31/X2) for this note on your scrap paper. Note: Round all calculations to the nearest whole dollar and whole month