Pharoah Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2022 . Pharoah had the following transactions related to notes payable. Sept.1 Issued a $16,800 note to Pippen to purchase inventory. The 3-month note payable bears interest of 6% and is due December 1. (Pharoah uses a perpetual inventory system.) Sept 30 Recorded accrued interest for the Pippen note. Oct. 1 Issued a $21,600,8%,4-month note to Prime Bank to finance the purchase of a new climbing wall for advanced climbers. The note is due February 1. Oct.31 Recorded accrued interest for the Pippen note and the Prime Bank note. Nov. 1 Issued a $27,600 note and paid $9,200 cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. This note bears interest of 7% and matures in 12 months. Nov. 30 Recorded accrued interest for the Pippen note, the Prime Bank note. and the vehicle note. Dec. 1 Paid principal and interest on the Pippen note. Dec.31 Recorded accrued interest for the Prime Bank note and the vehicle note. 36811 Notes Payable 27600 Interest Payable 335 Dec, 1 Notes Payable 16800 Interest Payable 252 Cahh 17052 Dec.31 Interest Expense 251 Interest Payable