Part 2A (46 points) In 2021, Dogswell Company had 2 independent transactions shown in Requirements 1-2. Write your answers in the spaces provided and circle the correct answer to the multiple-choice question. Show work to support your answers. Requirement 1: On Jan. 1, 2021, Dogswell Co. sold inventory to a customer and received a 2-year, noninterest-bearing $240,000 note. The note matures on Dec 31, 2022. The discount rate was 6%. The company recorded the necessary adjusting entry on Dec. 31 and used the effective interest method (a) On Jan. 1, 2021, what amount of Sales Revenue did Dogswell record? (b) In the Dec. 31, 2021, adjusting entry, what amount of Interest Revenue did Dogswell record? (c) On Dec. 31, 2022. what amount of cash did Dogswell receive when the note matured? Requirement 2: On Oct. 1, 2021, Dogswell Co. factored $550,000 of accounts receivable without recourse. The buyer charged a 4% fee and retained 10% of the factored amount to cover receivable amounts that were not collected. (a) On Ost. 1.2021, what amount of cash did Dogswell receive? (b) In the Oct. 1.2021 entry: What account did Dogswell credit? (circle one) a. Accounts Receivable b. Notes Payable For what amount? SPRING 2022 NOT INCLUDED (c) By Nov. 15, the buyer had collected all the receivables except $32,000 in sales returns and $10,000 in uncollectible accounts. On Nov. 15, what amount of cash did Dogswell receive from the buyer