I want to solve the first question with the need to show how to calculate

1. On December 31,2019 , Jerusalem Co. has $2,000,000 of short-term notes payable due on February 14,2020 . On January 10, 2020. Jerusalem Co. arranged a line of credit with Question 4 (2 marks) County Bank which allows Jerusalem Co to borrow up to $1,500,000 for three years. On February 2, 2020, Jerusalem Co. borrowed $1,500,000 from County Bank and used $500,000 additional cash to liquidate $2,000,000 of the short-term notes payable. What amount of the short-term notes payable should be reported as current liabilities on December 31, 2019 $2000,000 Question 5(4 marks) A company gives each of its 5 employees (assume they were all employed in January 2018) 14 days of vacation a year. The vacation accumulates and may be taken starting January 1 of the next year. The employees work 8 hours per day. In 2018 , they made $10 per hour and in 2019 they made $12 per hour. During 2019 , they took an average of 11 days of vacation each. The company's policy is to record the liability existing at the end of each year at the wage rate for that year. What amount of vacation expense and vacation liability would be reported on the 2018 and 2019 financial statements? 1. On December 31,2019 , Jerusalem Co. has $2,000,000 of short-term notes payable due on February 14,2020 . On January 10, 2020. Jerusalem Co. arranged a line of credit with Question 4 (2 marks) County Bank which allows Jerusalem Co to borrow up to $1,500,000 for three years. On February 2, 2020, Jerusalem Co. borrowed $1,500,000 from County Bank and used $500,000 additional cash to liquidate $2,000,000 of the short-term notes payable. What amount of the short-term notes payable should be reported as current liabilities on December 31, 2019 $2000,000 Question 5(4 marks) A company gives each of its 5 employees (assume they were all employed in January 2018) 14 days of vacation a year. The vacation accumulates and may be taken starting January 1 of the next year. The employees work 8 hours per day. In 2018 , they made $10 per hour and in 2019 they made $12 per hour. During 2019 , they took an average of 11 days of vacation each. The company's policy is to record the liability existing at the end of each year at the wage rate for that year. What amount of vacation expense and vacation liability would be reported on the 2018 and 2019 financial statements