Year 1 December 16 Accepted a(n) $13,900, 60-day, 9% note in granting Danny Todd a time extension on his past-due account receivable. December 31 Made an adjusting entry to record the accrued interest on the Todd note. Year 2 February 14 Received Todd's payment of principal and interest on the note dated December 16. March 2 Accepted a(n) $6,200, 9%, 90-day note in granting a time extension on the past-due account receivable from Midnight Company. March 17 Accepted a $2,200, 36-day, 7% note in granting Ava Privet a time extension on her past-due account receivable. April 16 Privet dishonored her note. May 31 Midnight Company dishonored its note. August 7 Accepted a(n) $8,750, 90-day, 11% note in granting a time extension on the past-due account receivable of Mulan Company: September 3 Accepted a $2,460, 60-day, 9% note in granting Noah Carson a time extension on his past-due account receivable. November 2 Received payment of principal plus interest from Carson for the September 3 note. November 5 Received payment of principal plus interest from Mulan for the August 7 note. December 1 Wrote off the Privet account against the Allowance for Doubtful Accounts. Required: 1-a. First, complete the table below to calculate the interest amount at December 31, Year 1. 1-b. Use the calculated value to prepare your journal entries for Year 1 transactions. 1-c. First, complete the table below to calculate the interest amounts. 1-d. Use those calculated values to prepare your journal entries for Year 2 transactions. 2. If Ohlm pledged its receivables as security for a loan from the bank, where on the financial statements does it disclose this pledge of receivables? Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 10 Required 1D Required 2 First, complete the table below to calculate the interest amount at December 31, Year 1. Total Through Maturity Interest Recognized December 31 Principal Rate (%) Time Total interest 1A Required Required Required Required Required 1B 1C 1D 2 Use the calculated value to prepare your journal entries for Year 1 transactions. (Do not round intermediate calculations.) View transaction list Journal entry worksheet Accepted a $13,900, 60-day, 9% note in granting Danny Todd a time extension on his past-due account receivable. Note: Enter debits before credits. General Journal Debit Credit Date December 16 Record entry View general journal Clear entry Required Required Required Required Required 1A 1B 1C 1D 2 First, complete the table below to calculate the interest ar intermediate calculations.) Total Through Maturity Midnight Company Note - March 2, Year 2 A. Privet Mulan N. Carson Note - Note - Note - March 17, August 7, September Year 2 Year 2 3, 2017 Principal Rate (%) Time Total interest Required Required Required Required Required 1A 1B 1C 1D 2 Use those calculated values to prepare your journal entries for Year 2 tran View transaction list Journal entry worksheet Received Todd's payment of principal and interest on the note dated December 16. Note: Enter debits before credits. Date General Journal February Debit Credit 14 Record entry View general journal Clear entry Required Required Required Required Required 1A 1B 1C 1D 2 If Ohlm pledged its receivables as security for a loan from the bank, where on the financial statements does it disclose this pledge of receivables? The pledge of receivables is shown in the