Exercise 7-12 Honoring a note LO P3 Following are selected transactions for Vitalo Compan Nov. 1 Accepted a $6,000, 180-day, 8% note dated November 1 from Kelly White in granting a time extension on her past-due account receivable Dec. 31 Adjusted the year-end accounts for the accrued interest earned on the White note Apr. 30 White honors her note when presented for payment, February has 28 days for the current year First, complete the table below to calculate the interest amounts at December 31st and April 30th (Do not round intermediate calculations. Use 360 days a year.) Total Through Maturity November 1 Through December 31 January 1 Through April 30 Principal Rate (%) Time Total interest Use those calculated values to prepare your journal entries (assume that no reversing entries are recorded)