The following transactions are from Ohlm Company Year 1 December 16 - Accepted a $10,800, 60-day, 8% note in granting Danny Todd a time extension on his past-due account receivable. December 31 Made an adjustment entry to record the accrued interest on the Todd note. Year 2 February 14 Received Todds payment of principal and interest on the note dates December 16. March 2 Accepted a $6,100, 8%, 90-day note in granting a time extension on the past- due account receivable from Midnight Co. March 17 Accepted a $2,400, 30-day, 7% note in granting Ava Privet a time extension on her past-due account receivable. April 16 Privet dishonored her note. May 31 Midnight Co. dishonored its note. August 7 Accepted s $7,440, 90-day, 10% note in granting a time extension on the past-due account receivable of Mulan Co. September 3 Accepted a $2,100, 60-day, 10% note in granting Noah Carson a time extension on his past-due account receivable. November 2 Received payment of principal plus interest from Carson for the September 3 note. November 5 Received payment of principal plus interest from Mulan for the August 7 note. December 1 Wrote off Privet account against the Allowance for Doubtful Accounts. Required 1. Prepare journal entries to record these transactions and events.