The following selected transactions relate to liabilities of Rocky Mountain Adventures. Rocky Mountain's fiscal year ends on December 31. January 13 Negotiate a revolving credit agreement with First Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $10 million at the bank's prime rate February 1 Arrange a three-month bank loan of $3.4 million with First Bank under the line of creditagreement. Interest at the prime rate of 8% is payable at maturity. May 1 Pay the 8% note at maturity. Required: Record the appropriate entries, if any, on January 13, February 1, and May 1. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).) View transaction list Journal entry worksheet Record the receipt of revolving credit. Note: Enter debits before credits. Date General Journal Debit Credit January 13 tes payable Journal entry worksheet 2 Record the payment of the note at maturity. Note: Enter debits before credits. Date General Journal Debit Credit May 01