The following are selected transactions of Sunland Group. Sunland prepares financial statements quarterly (amounts in thousands).

Jan.		2		Purchased merchandise on account from Nan Company, 25,000, terms 2/10, n/30. (Sunland uses the perpetual inventory system.)
Feb.		1		Issued a 9%, 2-month, 25,000 note to Nan in payment of account.
Mar.		31		Accrued interest for 2 months on Nan note.
Apr.		1		Paid face value and interest on Nan note.
July		1		Purchased equipment from Ji-yoo Equipment paying 12,000 in cash and signing a 10%, 3-month, 49,200 note.
Sept.		30		Accrued interest for 3 months on Ji-yoo note.
Oct.		1		Paid face value and interest on Ji-yoo note.
Dec.		1		Borrowed 24,000 from the Wonju Bank by issuing a 3-month, 8% note with a face value of 24,000.
Dec.		31		Recognized interest expense for 1 month on Wonju Bank note.

a. Prepare journal entries for the listed transactions and events

b. Post to the accounts Notes Payable, Interest Payable, and Interest Expense. (Post entries in the order of journal entries presented in the previous part.)

c. Post to the accounts Notes Payable, Interest Payable, and Interest Expense. (Post entries in the order of journal entries presented in the previous part.)

d. What is total interest expense for the year?

Total interest