$[$The following information applies to the questions displayed below.$]$

Vail Resorts, Inc., owns and operates $11$ premier year$-$round ski resort properties $($located in the Colorado Rocky Mountains, the Lake Tahoe area, the upper midwest, Vermont, and Australia$).$ The company also owns a collection of luxury hotels, resorts, and lodging properties. The company sells lift tickets, ski lessons, and ski equipment. The following hypothetical December transactions are typical of those that occur at the resorts.

a$.$ Borrowed $$2,900,000$ from the bank on December $1,$ signing a note payable due in six months.

b$.$ Purchased a new snowplow for $$76,000$ cash on December $31.$

c$.$ Purchased ski equipment inventory for $$43,000$ on account to sell in the ski shops. d$.$ Incurred $ $59,000$ in routine repairs expense for the chairlifts; paid cash.

e$.$ Sold $$373,000$ of January through March season passes and received cash.

f$.$ Sold a pair of skis from inventory in a ski shop to a customer for $$580$ on account. $($The cost of the skis was $$340).$

$($Hint: Record two entries.$)$ g$.$ Sold daily lift passes in December for a total of $$278,000$ in cash.

h$.$ Received a $$3,900$ deposit on a townhouse to be rented for five days in January.

i$.$ Paid half the charges incurred on account in $($c$).$

J$.$ Received $$380$ on account from the customer in $($f$).$

k$.$ Paid $$262,000$ in wages to employees for the month of December.

E$3-8$ Part $1$

Required:

$1.$ Prepare journal entries for each transaction. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$