Tyrell Company entered into the following transactions involving short-term liabilities. Year 1

April 20	Purchased $39,500 of merchandise on credit from Locust, terms n/30.
May 19	Replaced the April 20 account payable to Locust with a 90-day, 8%, $35,000 note payable along with paying $4,500 in cash.
July 8	Borrowed $57,000 cash from NBR Bank by signing a 120-day, 11%, $57,000 note payable.
__?__	Paid the amount due on the note to Locust at the maturity date.
__?__	Paid the amount due on the note to NBR Bank at the maturity date.
November 28	Borrowed $30,000 cash from Fargo Bank by signing a 60-day, 9%, $30,000 note payable.
December 31	Recorded an adjusting entry for accrued interest on the note to Fargo Bank.

Year 2

__?__	Paid the amount due on the note to Fargo Bank at the maturity date.

4. Determine the interest expense recorded in Year 2. (Do not round intermediate calculations and round your final answers to nearest whole dollar. Use 360 days a year.)

5. Prepare journal entries for all the preceding transactions and events. (Do not round your intermediate calculations.)

April 20 - Purchased $39,500 of merchandise on credit from Locust, terms n/30.

May 19 - Replaced the April 20 account payable to Locust with a 90-day, 8%, $35,000 note payable along with paying $4,500 in cash.

July 8 - Borrowed $57,000 cash from NBR Bank by signing a 120-day, 11%, $57,000 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 $30,000 cash from Fargo Bank by signing a 60-day, 9%, $30,000 note payable.

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

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

Required information [The following information applies to the questions displayed below.] Tyrell Company entered into the following transactions involving short-term liabilities. 4. Determine the interest expense recorded in Year 2. (Do not round intermediate calculations and round your final answers to nearest whole dollar. Use 360 days a year.) Required information [The following information applies to the questions displayed below.] Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 Purchased $39,500 of merchandise on credit from Locust, terms n/30. May 19 Replaced the April 20 account payable to Locust with a 90-day, 88, $35,000 note payable along with paying $4,500 in cash. July 8 Borrowed $57,000 cash from NBR Bank by signing a 120-day, 118, $57,000 note - . Paid the amount due on the note to Locust at the maturity date. -? Paid the amount due on the note to NBR Bank at the maturity date. November 28 Borrowed $30,000 cash from Fargo Bank by signing a 60-day, 9%,$30,000 note December 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Year 2 _? Paid the amount due on the note to Fargo Bank at the maturity date. 5. Prepare journal entries for all the preceding transactions and events. (Do not round your intermediate calculations.) Journal entry worksheet 2345678 Purchased $39,500 of merchandise on credit from Locust, terms n/30. Note: Enter debits before credits