X 1 Record a revolving credit agreement negotiated with Parish Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $25.0 million at the bank's prime rate. can be le line o 2 Record a three-month bank loan of $4.2 million with Parish Bank under the line of credit agreement. Interest at the prime rate of 14% was payable at maturity. Cre: 3 Record the payment of the 14% note at maturity. Record the issuance of $15.9 million of commercial paper on a nine-month note, supported by the credit line. Interest was discounted at issuance at a 13% discount rate. Note : = journal entry has been entered Record entry Clear entry View genes Interest was discounted at issuance at a 13% discount rate. Credit 5 Record necessary adjusting entry to accrue interest on December 31. 6 Record interest on commercial paper in 2019. 7 Record the repayment of commercial paper at maturity. Note : = journal entry has been entered Record entry Clear entry View general jour