The following selected transactions relate to liabilities of United Insulation Corporation. United's fiscal year ends on December 31. 2021 Jan. 13 Negotiated a revolving credit agreement with Parish Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $30.0 million at the bank's prime rate. 1 Arranged a three-month bank loan of $6.5 million with Parish Bank under the line of credit agreement. Interest at the prime rate of 11% was payable at maturity. 1 Paid the 11% note at maturity. 1 Supported by the credit line, issued $18.6 million of commercial paper on a nine-month note. Feb. May Dec. Interest was discounted at issuance at a 10% discount rate. 31 Recorded any necessary adjusting entry(s). 2022 Sept. 1 Paid the commercial paper at maturity. Required: Prepare the appropriate journal entries through the maturity of each liability. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Enter your answers in whole dollars.) View transaction list Journal entry worksheet 2 Record a revolving credit agreement negotiated with Parish Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $30.0 million at the bank's prime rate. Note: Enter debits before credits. View transaction list :X: Record a revolving credit agreement negotiated with Parish Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $30.0 million at the bank's prime rate. Record a three-month bank loan of $6.5 million with Parish Bank under the line of credit agreement. Interest at the prime rate of 11% was payable at maturity. 2 Record the payment of the 11% note at maturity. Record the issuance of $18.6 million of commercial paper on a nine-month note, supported by the credit line. 4 Interest was discounted at issuance at a 10% discount rate. Note : = journal entry has been entered Record necessary adjusting entry to accrue interest on December 31. Record interest on commercial paper in 2022. Record the repayment of commercial paper at maturity