The following are selected 2020 transactions of Indigo Corporation. Sept. 1 Oct. 1 Oct. 1 Purchased inventory from Encino Company on account for $59,400. Indigo records purchases gross and uses a periodic inventory system. Issued a $59,400, 12-month, 8% note to Encino in payment of account. Borrowed $59,400 from the Shore Bank by signing a 12-month, zero-interest-bearing $62,520 note. (a) (b) (c) Your answer is partially correct. Compute the total net liability to be reported on the December 31 balance sheet for: (1) The interest-bearing note SA 60588 (2) The zero-interest-bearing note $ 56280 eTextbook and Media List of Accounts