You are the bookkeeper for a business. Your current task is to prepare its year end financial statements.

$1.$ On April $30,$ our business lent $$23,000$ to a major customer. The customer signed a $11-$month, $8\%$ promissory note, promising to pay the loan principal with accrued interest on maturity.

$2.$ On June $1,$ our business sold annual season's tickets for admission to rides such as the Gargantuan Ferris Wheel. The season is year$-$around. The annual season's ticket sales were $$2,430,000$ on that date.

$3.$ On October $1,$ our business purchases electrical equipment at the cost of $$23,400.$ The equipment has an expected useful life of five years and a $$1,400$ residual value. The straight$-$line depreciation method is used.

$4.$ Our business is open five days a week, Thursdays to Monday. Employees are paid $$5,750$ in salaries every two weeks. Employees were last paid on Friday, December $26($up to and including Friday of that week$).$ Ignore any statutory holidays in your calculations. Employees will next be paid on Friday, January $10.$