Revis Flooring has a December 31 year end and uses the perpetual inventory system. The following transactions occurred during 2021 and 2022: 2021 Aug30 Sold goods with a cost of $ 8,250 to Jules Harrison for $ 14,500 on account, terms 2/15, n/30. Oct 1 Jules ran into some financial troubles and reached an agreement with Revis to convert the account receivable into a 120-day, 8% note receivable. Dec18 Sold goods with a cost of $ 1,420 to Flore Hardy for $ 2,900 on account, terms 2/15, n/30. Dec31 Prepared the adjusting entries to record accrued interest and an estimated allowance for doubtful accounts of $ 2,750. 2022 Jan 2 Collected the amount due from Flore.