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Sylvestor Systems borrows $132,000 cash on May 15 by signing a 180-day, 7%, $132.000 note. 1. On what date does this note mature? 2-a. Prepare

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Sylvestor Systems borrows $132,000 cash on May 15 by signing a 180-day, 7%, $132.000 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, Complete this question by entering your answers in the tabs below. Required 28 Required 28 Required 1 Required 2A Interest at General Maturity Journal Prepare the entry to record issuance of the notel View transaction list View Journal entry worksheet No General Journal Date May 15 Credit 1 Cash Notes payable Debit 163.000 163,000

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