On January 2. 2020, the Casual Elite Co. acquired land to build a distribution centre by issuing a 6%, three-year note for $200,000. The note will be paid in three annual paymets of $74,822 each December 31. The payment sehedule follows Yeur Annmal Payment Principul Purtion of Payment Interest Portiou of Payment Principal Balance at Year-End 2020 S74,822 $62,822 $12,000 $137.178 2021 74,822 66,591 8,231 70,587 2022 74,822 70,587 4,235 Required 1. Prepare the entry tor a. Issue the note on January 2. 2020. h. Record the annual payment on December 31, 2020. 2. Show how the note will appear on the December 2020, balance sheet.​

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?