Tyrell Company entered into the following transactions involving short$-$term liabilities.

Year $1$

April $20$ Purchased $$37,000$ of merchandise on credit from Locust, terms $\frac{n}{30}.$

May $19$ Replaced the April $20$ account payable to Locust with a $90-$day, $7\%,$ $$35,000$ note payable along with paying $$2,000$ in cash.

July $8$ Borrowed $$66,000$ cash from NBR Bank by signing a $120-$day, $12\%,$$$66,000$ note payable.

August $17$ Paid the amount due on the note to Locust at the maturity date.

November $5$ Paid the amount due on the note to NBR Bank at the maturity date.

November $28$ Borrowed $$24,000$ cash from Fargo Bank by signing a $60-$day, $9\%,$$$24,000$ note payable.

December $31$ Recorded an adjusting entry for accrued interest on the note to Fargo Bank.

Year $2$

January $27$ Paid the amount due on the note to Fargo Bank at the maturity date.