Problem 8-8A (Part Level Submission) Martinez Corp. closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $26,800. Notes Receivable include the following TermMaturity Date Iterest Rate DateMakerFace Value April 21 Coote Inc. May 25 Brady Co. June 30 BMG Corp. 890 1090 6% $5,200 90 days July 20 8,400 60 days July 24 13,200 6 months December 31 During July, the following transactions were completed. July Made sales of $4,900 on Martinez Corp. credit cards 14 20 24 Made sales of S800 on Visa credit cards. The credit card service charge is 2%. Received payment in full from Coote Inc. on the amount due. Received payment in full from Brady Co. on the amount due