Required information [The following information applies to the questions displayed below.] Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 purehased $40,250 of merchandise on credit from Locust, terma n/30. Hay 19 Replaced the April 20 account payable to Locust with a 90 -day, 101, $35,000 note payable along with paying $5,250 in cash. July B Borrowed $80,000 cash from NBR Bank by signing a 120-day, 98,$80,000 note payable. Paid the amount due on the note to Locust at the maturity date. Paid the amount due on the note to NBR Bank at the maturity date. November 28 Borrowed $42,000 cash from Fargo Bank by signing a 60-day, 81, $42,000 note payable, Decerber 31 Recorded an adjusting entry for acerued interest on the note to Fargo Bank. Year 2 - 2 - Paid the anount due on the note to Fargo Bank at the maturity date. 5. Prepare journal entries for all the preceding transactions and events