Sylvestor Systems borrows $120,000 cash on May 15 by signing a 30-day, 6%, $120,000 note. 1. On what date does this note mature? 2-a. Prepare the entry to record issuance of the note. 2-b. First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity.

- Record the issuance of the note

Interest at Maturity

- Principal

- Rate%

- Time

- Toal Interest

- Record the payment of the note at maturity