Problem 8-8A (Part Level Submission) Martinez Corp. closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $26,800. Notes Receivable include the following. DateMaker Face Value TermMaturity Date Interest Rate $5,200 90 days July 20 Coote Inc. Brady Co. BMG Corp. 8% 10% 6% April 21 May 25 June 30 8,400 13,200 60 days July 24 6 monthsDecember 31 During July, the following transactions were completed July Made sales of s4,900 on Martinez Corp. credit cards. 14 Made sales of S800 on Visa credit cards. The credit card service charge is 2%. 20 Received payment in full from Coote Inc. on the amount due 24 Received payment in full from Brady Co. on the amount due