Samberg Inc. had the following transactions.

Nov. 1 - Loaned $10,000 to an employee, who signed a 90-day, 10% note. Interest and principal are due on Jan 31.

Dec. 31 - Accrued interest on the note. (Round to the nearest whole dollar amount.)

Jan. 31 - Received the interest on the note's maturity date.

Jan. 31 - Received the principal on the note's maturity date. (Round to the nearest whole dollar amount.)

Required:

Prepare the required journal entries