The following transactions have taken place for Walla Walla Corporation. The company has a December 31 fiscal year end and Walla Walla does not maintain a separate Allowance for Doubtful Notes Receivable account. 2021 May 1 Nov. 1 Nov. 30 Dec. 31 Dec. 31 2022 Received a $7,200, 1-year, 10% note in exchange for an outstanding account receivable from S. Dolan. Interest is due at the maturity of the note. Loaned $68,400 cash to B. Younger on a 4-month, 7% note. Interest is due at the end of each month. Received the interest due from B. Younger. Received the interest due from B. Younger. Accrued interest income on notes receivable. Jan. 31 Feb. 28 Received the interest due from B. Younger. Younger also repaid 80% of the principal balance owing on the note at this time. Wrote off the balance of the B. Younger note as Younger has defaulted. Future payments are not expected. The interest due for the month of February was not collected. Received principal plus interest on the S. Dolan note. (No further interest has been accrued since December 31, 2021.) May 1 Record Walla Walla's transactions in the general journal. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Debit Credit Account Titles and Explanation Notes Receivable May 1/21 7200 Accounts Receivable 7200 Nov. 1/21 Notes Receivable 68400 Cash 68400 Nov. 30/21 Cash 570 Interest Expense 570 Dec. 31/21 Cash 570 Interest Expense 570 (To record interest income) Interest Receivable 480 Interest Expense 480 (To record accrued interest income) (To record accrued interest income) Jan. 31/22 Cash 55290 Interest Expense 570 Notes Receivable 54720 Feb. 28/22 Bad Debts Expense 13680 Notes Receivable 13680 May 1/22 Cash 7920 Interest Receivable 480 Interest Expense 240 Notes Receivable 7200