Question 1 (20%) The following transactions of Lovely Music Company occurred during 2019 and 2020: 2019 Mar 3 Purchased a piano (inventory) for 35,000, signing a six-month, 10% note payable. May 31 Borrowed 75,000 on an 8% note payable that calls for annual installment payments of 15,000 principal plus interest. Recorded the short-term note payable in a separate account from the long-term note payable. Sep 3 Paid the six-month, 10% note at maturity. Dec 31 Accrued warranty expense, which i