Sylvestor Systems borrows $$110,000$ cash $on$ May $15by$ signing $a90-$day, $4\%,$ $$110,000$ note.

$On$ what date does this note mature?

$2-a.$ Prepare the entry $to$ record issuance $of$ the note.

$2-b.$ First, complete the table below $to$ calculate the interest expense $at$ maturity. Use those calculated values $to$ prepare your

ecord payment $of$ the note $at$ maturity.

Complete this question $by$ entering your answers $in$ the $tabs$ below.

First, complete the table below $to$ calculate the interest expense $at$ maturity.

Note: Use $360$ days a year. Round final answers $to$ the nearest whole dollar. Sylvestor Systems borrows $$110,000$ cash $on$ May $15by$ signing $a90-$day, $4\%,$ $$110,000$ note.

$On$ what date does this note mature?

$2-a.$ Prepare the entry $to$ record issuance $of$ the note.

$2-b.$ First, complete the table below $to$ calculate the interest expense $at$ maturity. Use those calculated values $to$ prepare your entry $to$

record payment $of$ the note $at$ maturity.

Complete this question $by$ entering your answers $in$ the $tabs$ below.

Required $2A$

Required $2B$

Required $2B$

Interest $at$

General

Maturity

Journal

Use those calculated values $to$ prepare your entry $to$ record payment $of$ the note $at$ maturity.

Note: Use $360$ days a year. Round final answers $to$ the nearest whole dollar.