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The following selected transactions are from Walker Company. Year 1 December 16 Accepted a $18,000,60-day, 8% note in granting Greg Taylor a time extension on his past-due account receivable. December 31 Made an adjusting entry to record the accrued interest on the Taylor note. Year 2 February 14 Received Taylor's payment of principal and interest on the note dated December 16. March 2 Accepted a \$7,000, 8\%, 90-day note in granting a time extension on the past-due account receivable from Allen Company March 17 Accepted a \$6,000, 30-day, 7\% note in granting Isaac Carter a time extension on her past-due account receivable. April 16 Carter dishonored her note. 31 Allen Company dishonored its note. August 7 Accepted a $18,000,90-day, 6% note in granting a time extension on the past-due account receivable of Turner Company September 3 Accepted a \$9,000, 60-day, 10\% note in granting Edward Lee a time extension on his past-due account receivable. November 2 Received payment of principal plus interest from Lee for the September 3 note. November 5 Received payment of principal plus interest from Turner for the August 7 note. December 1 Wrote off the Carter account against the Allowance for Doubtful Accounts. Prepare the journal entries related to notes receivable and accounts receivable. Hint: Use the "Calcula ensure the accuracy of your entries. Journal entry worksheet February 14 Received Taylor's payment of principal and interest on the $18,000,60-day, 8% note dated December 16 . The Walker Company does not prepare reversing entries. Verify the amount of interest using the "CALCULATION OF INTEREST" tab. Note: Enter debits before credits