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2. The following notes were issued by the Yale marble Company: a) Note issued to purchase office equipment. Face amount $25,000; no stated interest rate; market rate of interest, 12%; term of note; one year; date of note, November 1, 1984. b) Note issued to bank for a cash loan. Maturity date of note, $25,000. Bank discount rate, 12%; term of note, 1 year; date of note, October 1, 1984. I. Give the entries required at the time of notes were issued. Round to nearest dollar. II. Give the adjusting entries required on December 31, 1984, to recognize accruals of the interest