Saniels Company eng ged in the following transactions during 2020. STEM Purchased $35,000 of merchandise from XYZ Supplies on January 26. Amount duo in full on February 21 b. Pald for 40% of the purchased merchandise (Transaction a) on February 28, c. On February 28, negotiate a payment extension with XYZ for the remainder of the balance from the January 28 purchase by sirang ayo. 8% note d. Borrowed $200,000 on an 8-month, 0% interest bearing note on July 31 Purchased $140,000 of merchandise on August 2. Amount in culon September 30, Paid for the purchased merchandise (Transaction on September 20 g. Received from Marteline on October 4, a $40.000 deposit against a tolling price of $400 000 for services to be performed for h. Paid quarterly installment of Social Security Medicare, and individual income tax withholdings, as shown below. on October 10, The Security and Medicare were previously recorded as expenses during the quarter and the sount paid reprment both the employed Ondoy b. Pald for 40% of the purchased merchandise (Transaction a) on February 26 On February 28, negotiate a payment extension with XYZ for the remainder of the balance from the January 25 purchase by signing at you, 0 note d. Borrowed $200.000 on an 8-month, interest-bearing note on July 31 Purchased $140,000 of merchandise on August 2. Amount duo in full on September 30, Pald for the purchased merchandise (Transaction e) on September 28 Received from Martel Inc. on October 4, a $40.000 deposit against a total seling price of $400,000 for services to be performed for Mano Paid quarterly installment of Social Security Medicare, and individual income tax withholdings, as shown below, on October 10. The Social Security and Medicare ware previously recorded as expenses during the quarter and the amounts pald represent both the employee and employer shares (50% cach), Social Security trucos withhold Medicare to withhold Federal income taxes withhold $200,000 65,500 720,000 On December 15, Daniels completed the services ordered by Martel on October 4, Martel's remaining balance of 5300.000 is due on January 31 Required: 1. Pred joultries for these transactions