Sylvestor Systems borrows $$61,000$ cash on May $15$ by signing a $150-$day, $8\%,$ $$61,000$ 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.