M$10-6($Algo$)$ Recording Notes Payable $[$LO $10-2]$

$[$The following information applies to the questions displayed below.$]$

'Greener Pastures Corporation borrowed $$1,650,000$ on November $1,2021.$ The note carried a $8$ percent interest rate with the principal and interest payable on June $1,2022.$

$($a$)$ The note issued on November $1.$

$($b$)$ The interest accrual on December $31.$