Sylvestor Systems borrows $150,000 cash on May 15, 2018, by signing a 180-day, 7% note. 1. On what date does this note mature? 2. Assume the face value of the note equals $150,000, the principal of the loan. (a) Prepare the journal entry to record issuance of the note. (b) First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your journal entry to record payment of the note at maturity. Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Interest Expense Req 2B General Journal On what date does this note mature? On what date does this note mature? Req 2B Req 2B Req 1 Req 2A Interest General Expense Journal Assume the face value of the note equals $150,000, the principal of the loan. Prepare the journal entry to record issuance of View transaction list Journal entry worksheet Record the issuance of the note. Note: Enter debits before credits. General Journal Debit Credit Date May 15 Record entry Clear entry View general journal Req 2B Req 2B Req 1 Req 2A Interest General Expense Journal Assume the face value of the note equals $150,000, the principal of the loan. First, complete the table below to calculate the interest expense at maturity. Interest at Maturity Principal Rate(%) Time Total interest Req 1 Req 2A Req 2B Interest Expense Req 2B General Journal Use those calculated values to prepare your journal entry to record payment of the note at maturity. (Use 360 days a year. Rc answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the payment of the note at maturity. Note: Enter debits before credits. General Journal Debit Credit Date November 11 Record entry Clear entry View general journal