The following selected transactions relate to liabilities of United Insulation Corporation. United$$s fiscal year ends on December $31.$

$2024$:

January $13$ 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 $$26\mathrm{.}0$ million at the bank$$s prime rate.

February $1$ Arranged a three$-$month bank loan of $$9\mathrm{.}0$ million with Parish Bank under the line of credit agreement. Interest at the prime rate of $7\%$ was payable at maturity.

May $1$ Paid the $7\%$ note at maturity.

December $1$ Supported by the credit line, issued $$13\mathrm{.}0$ million of commercial paper on a nine$-$month note. Interest was discounted at issuance at a $6\%$ discount rate.

December $31$ Recorded any necessary adjusting entry$($s$).$

$2025$:

September $1$ Paid the commercial paper at maturity.

Required:

Prepare the appropriate journal entries through the maturity of each liability.

Note: Do not round intermediate calculations. If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Enter your answers in whole dollars.

Transaction List:

$1.$ 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 $$26\mathrm{.}0$ million at the bank$$s prime rate.

$2.$ Record a three$-$month bank loan of $$9\mathrm{.}0$ million with Parish Bank under the line of credit agreement. Interest at the prime rate of $7\%$ was payable at maturity.

$3.$ Record the payment of the $7\%$ note at maturity.

$4.$ Record the issuance of $$13\mathrm{.}0$ million of commercial paper on a nine$-$month note, supported by the credit line. Interest was discounted at issuance at a $6\%$ discount rate.

$5.$ Record necessary adjusting entry to accrue interest on December $31.$

$6.$ Record interest on commercial paper in $2025.$

$7.$ Record the repayment of commercial paper at maturity.