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Tyrell Company entered into the following transactions involving short$-$term liabilities.

Year $1$

April $20$ Purchased $$36,000$ of merchandise on credit from Locust, terms $\frac{n}{30}.$

May $19$ Replaced the April $20$ account payable to Locust with a $90-$day, $8\%,$$$35,000$ note payable along with paying $$1,000$ in cash.

July $8$ Borrowed $$66,000$ cash from NBR Bank by signing a $120-$day, $10\%,$ $$66,000$ note payable.

$-?$ Paid the amount due on the note to Locust at the maturity date.

December $31$ Recorded an adjusting entry for accrued interest on the note to Fargo Bank.

Year $2$

$\_?$ Paid the amount due on the note to Fargo Bank at the maturity date.

Required:

Determine the maturity date for each of the three notes described.

$\backslash$table$[[,$Locust,NBR Bank,Fargo Bank$],[$Maturity date,,,$]]$

Determine the interest due at maturity for each of the three notes.

Note: Do not round intermediate calculations and round your final answer to nearest whole dollar. Use $360$ days a year.

$\backslash$table$[[,$Principal,$x,$Rate,x$,$Time,$=,$Interest$],[$Locust$,,,\%,x,,=,],[$NBR Bank,,$x,\%,,,=1,],[$Fargo Bank,,$,\%,x,,=,]]$

Determine the interest expense recorded in the adjusting entry at the end of Year $1.$

Note: Do not round intermediate calculations and round your final answer to nearest whole dollar. Use $360$ days a year.

$\backslash$table$[[$Year End Accrual Required For:,Fargo Bank$],[,$Principal,$,$Rate,$,$Time,$=$ Interest,,$],[$Interest to be accrued in Year $1,,,,\%,,,=,]]$

Determine the interest expense recorded in Year $2.$

Note: Do not round intermediate calculations and round your final answers to nearest whole dollar. Use $360$ days a year.

$\backslash$table$[[$Year End Accrual Required For:,Fargo Bank,,,,,,$],[$Interest to be recorded in Year $2,,$Principal,$,$Rate,$,$Time,$=$