On May 31, 20X5, Nancy Thomas borrowed $6,000 from 1st Interstate Bank. Thomas signed a note payable, promising to pay the bank principal plus interest on May 31, 20X6. The interest rate on the note is 8%. The accounting year of 1st Interstate Bank ends on December 31, 20X5. Journalize 1st Interstate Bank's (a) lending money on the note receivable at May 31, 20X5, (b) accrual of interest at December 31, 20X5, and (c) collection of principal and interest at May 31, 20X6, the maturity date of the note.