Required information Problem 8-28 Record notes payable and notes receivable (L08-2) [The following information applies to the questions displayed below.) Eskimo Joe's, designer of the world's second best-selling T-shirt (just behind Hard Rock Cafe), borrows $20.7 million cash on November 1, 2021. Eskimo Joe's signs a six-month, 7% promissory note to Stillwater National Bank under a prearranged short-term line of credit. Interest on the note is payable at maturity. Each firm has a December 31 year-end. Problem 8-2B Part 3 3. Prepare the journal entry on April 30, 2022, to record payment of the notes payable at maturity. (Do not round Intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions. For example, $5.5 million should be entered as 5,500,000 Problem 8-2B Part 3 3. Prepare the journal entry on April 30, 2022, to record payment of the notes payable at maturity. (Do not round Intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter answers in dollars, not in millions. For example, $5.5 million should be entered as 5,500,000.) Answer is not complete. No General Journal Data April 30, 2022 Credit 1 Debit 20,700,000 Notes Payable Interest Expense Interest Payable Cash 483,000 241,500 21,424,500 2 April 30, 2022 21,424,500 Cash Interest Expense Notes Payable Interest Payable 3 483,000 20,700,000 241,500