The following selected transactions are from Carter Company. Year 1 December 16 Accepted a $19,200,60-day, 10% note in granting Robert King a time extension on his past-due account December 31 Made an adjusting entry to record the accrued interest on the King note. Year 2 February 14 Received King's paynent of principal and interest on the note dated December 16. March 2 Accepted a $10,000,108, 90 -day note in granting a time extension on the past-due account receivable from Nguyen Company March 17 Accepted a $13,800,30day,104 note in granting Edward Lee a time extension on her past-due account receivable. April 16 Lee dishonored her note. 31 Nguyen Company dishonored its note. August 7 Accepted a $16,000,90-day, 124 note in granting a time extension on the past-due account receivable of Watker Company Septenber 3 Accepted a $9,000,60-day, 104 note in granting Rita Griffin a tine extension on his past-due account receivable. November 2 Received payment of principal plus interest from Griffin for the September 3 note. Novenber 5 Received payment of principol plus interest from Watker for the August 7 note. Decenber 1 Wrote off the Lee account against the Allowance for Doubtful Accounts. Prepare the journal entries related to notes receivable and accounts receivable. Hint: Use the "Calculation of Interest" tab to ensure the accuracy of your entries