Parker & Washington, Inc. borrows $120,000 on January 1, 2021. They must pay back the loan, with 6% interest, on January 1, 2022. P&W closes its books to prepare financial reports quarterly on March 31, June 30, September 30, and December 31. For the journal entries below, use the following abbreviations: CASH = cash, INTEXP = interest expense, INTINC = interest income, IN TPAY = interest payable, INTREV = interest receivable, LOAN = loan payable. For part d, enter the multiple debit accounts in alphabetical order, for example, CASH before INTPAY. a. Prepare the journal entry for January 1, 2021. Debit: Credit: b. Prepare the journal entry for March 31, 2021 Debit: Credit: c. Assuming that appropriate journal entries were made on June 30, 2021, and Sept. 30, 2021, prepare the journal entry for December 31, 2021. Debit: Credit: d. Prepare the journal entry for January 1, 2022. Debit: Debit: Credit: e. How much total interest expense did Parker & Washington recognize in calendar year 2021? $