Analyze the following notes, and explain whether each is negotiable. Please review each of the six (6) required elements for a negotiable instrument. 1. Justin Timberlake, promise to pay to the order of Julia Roberts, the sum of $4,000.00 on or before the 1st day of May 2022 with interest at five (5%) percent per annum. The maker hereof reserves the right to extend the time of payment of said note for six (6) months. Dated: Jan. 2, 2018 /s Justin Timberlake