The following transactions of San Francisco Pharmacies occurred during 2017 and 2018

2017 Jan. 9 Purchased computer equipment at a cost of $8,000, signing a six-month, 7% note payable for that amount 29 Recorded the week's sales of $70,000, three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold. Feb. 5 Sent the last week's sales tax to the state. Jul. 9 Paid the six-month, 7% note, plus interest, at maturity. Aug. 31 Purchased merchandise inventory for $6,000, signing a six-month, 9% note payable. The company uses the perpetual inventory system. $610,000 Dec. 31 Accrued warranty expense, which is estimated at 4% of sales of 31 Accrued interest on all outstanding notes payable. 2018 Feb. 28 Paid the six-month 9% note, plus interest, at maturity