PLEASE PUT SOLUTION IN THE SAME FORMAT AS THE IMAGE. THANK YOU!

Exercise 13-3 (Algo) Short-term notes [LO13-2] The following selected transactions relate to liabilities of United Insulation Corporation. United's fiscal year ends on December 31. 2021 Jan. 13 Negotiated a revolving credit agreement with Parish Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $28.0 million at the bank's prime rate. 1 Arranged a three-month bank loan of $8.0 million with Parish Bank under the line of credit agreement. Interest at the prime rate of 10% was payable at maturity. 1 Paid the 10% note at maturity. 1 Supported by the credit line, issued $14.0 million of commercial paper on a nine-month note. Interest was discounted at issuance at a 9% discount rate. Feb. May Dec. 31 Recorded any necessary adjusting entry(s). 2022 Sept. 1 Paid the commercial paper at maturity. Requlred: Prepare the appropriate journal entries through the maturity of each liability. (If no entry Is requlred for a transaction/event, select "No journal entry requlred" In the first account fleld. Do not round Intermedlate calculatlons. Enter your answers In whole dollars.) View transaction list Journal entry worksheet 2 3 4 5 6 7 Record a revolving credit agreement negotiated with Parish Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $28.0 million at the bank's prime rate. Note: Enter debits before credits. Date General Journal Debit Credit Jan 13, 2021 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 5 Record a three-month bank loan of $8.0 million with Parish Bank under the line of credit agreement. Interest at the prime rate of 10% was payable at maturity. Note: Enter debits before credits. Debit Credit Date General Journal Feb 01, 2021 Record entry Clear entry View general journal Journal entry worksheet 3 4 Record the payment of the 10% note at maturity. Note: Enter debits before credits. Date General Journal Debit Credit May 01, 2021 Record entry Clear entry View general journal Journal entry worksheet