The Kebob Korner sells delicious kebobs and they are reporting the following transactions for the fiscal year that ends on December 31. March January 26 Negotiated a line of credit with Countrywide Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $4.70 million at the bank's prime rate. 1 Arranged a six-month bank loan of $370,000 with Countrywide Bank under the line of credit agreement. Interest at the prime rate of 8% is payable at maturity. September 1 Paid the 8% note at maturity. Record the appropriate entries for the Kebob Korner, if any, on January 26, March 1, and September 1. (Enter your answers in dollars, not in millions. Do not round intermediate calculations. If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Arranged a six-month bank loan of $370,000 with City Bank under the line of credit agreement. Interest at the prime rate of 8% is payable at maturity. Record appropriate entry if necessary. Note: Enter debits before credits. General Journal Debit Credit Date March 01 Record entry Clear entry View general journal