These are selected transactions of Waterway Company. Waterway prepares financial statements quarterly. Jan. 2 Purchased merchandise on account from Nunez Company, $29,000, terms 2/10, n/30. (Waterway uses the perpetual inventory system.) Feb. 1 Issued a 9\%, 2-month, \$29,000 note to Nunez in payment of account. Mar. 31 Accrued interest for 2 months on Nunez note. Apr. 1 Paid face value and interest on Nunez note. July 1 Purchased equipment from Marson Equipment paying \$10,500 in cash and signing a 10\%, 3-month, \$52,800 note. Sept. 30 Accrued interest for 3 months on Marson note. Oct. 1 Paid face value and interest on Marson note. Dec. 1 Borrowed $36,000 from the Paola Bank by issuing a 3-month, 8% note with a face value of $36,000. Dec. 31 Recognized interest expense for 1 month on Paola Bank note. Show the balance sheet presentation of notes and interest payable at December 31