Problem 10 02A (Part Level Submission) Sheridan Corporation sols rock climbing products and also operates an indoor climbing facility for dimbing enthusiasts. During the last part of 2022, Sheridan had the followin uansactions related to notes payable. Sept. 1 Issued a $14,400 noto to open to purchase Inventory. The 3-month note payable bears interest of 6% and is du Dicember 1 (Sheridan unes a perpetual invento system.) Sept. 30 Recorded accrued interest for the Pippen note. Oct. 1 smod a 127,300,9%. 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 Ispred a $30,000 note and pald $8,600 cash to purchase a vehide to transport dients to nearby dimbing sites as part of a new series of climbing dasou. This note bear interest of 6% and matures in 12 months Nov. 30 Recorded accrued interest for the Pippen note, the Prime Bank note, and the vehide note, Dec. 1 Pald principal and interest on the open note Dec, Recorded accrund internet for the Prime Bank note and the vehide note. Nov. 30 Interest Expense 468 2 Interest Payable 468 Det. 1 Notes Payable 14400 Interest Payable 216 Cash 14616 Decatu Interest Expense 395 Interest Payable 395