Journalize and post note transactions and show balance sheet presentation. (SO2) P11-20 The following are selected transactions of Glazer Company. Glazer prepares financial statements quarterly. Jan. 2 Purchased merchandise on account from Alicea Company, $18,000, terms 2/10, n/30. Feb. 1 Issued a 10%, 2-month, $18,000 note to Alicea in payment of account. Mar. 31 Accrued interest for 2 months on Alicea note. Apr. 1 Paid face value and interest on Alicea note. July 1 Purchased equipment from Vincent Equipment paying $11,000 in cash and signing a 10%, 3-month, $36,000 note. Accrued interest for 3 months on Vincent note. Oct. 1 Paid face value and interest on Vincent note. Dec. 1 Borrowed $20,000 from the Associated Bank by issuing a 3-month, 12%-interest-bearing note with a face value of $20,000. Dec. 31 Recognized interest expense for 1 month on Associated Bank note. Sept. 30 Instructions (a) Prepare journal entries for the above transactions and events. (b) Post to the accounts, Notes Payable, Interest Payable, and Interest Expense. (c) Show the balance sheet presentation of notes and interest payable at December 31. (d) What is total interest expense for the year? (d) $1,400