Prepare a general journal entry of the following:

$-26||$ Beverly's Building Products agrees to convert a portion of their $$14,000$ overdue accounts receivable balance to

a $14\%6-$month note.

$-$ sold an electric truck lift to Stierman Co$.$ for $$2500$ cash. The original cost was $$7900$ with a ten$-$year life with a salvage value of $$900.$ Accumulated depreciation recorded through $12/31/21$ of $$4550.$ Blue Ridge utilizes the straight$-$line method for truck$-$lift assets.

$-$ Sold bathroom fixtures and plumbing supplies to Turdy's Plumbing on account for $$55770$

$-$ Received payment of $$18950($by check$)$ for completed installation services provided to Boecker Builders.

$-$ Purchased $$3000$ of office supplies from Business Basics, Inc. on account