Mulkey Micro Brevery sells cases of beer to local restaurants and pubs. A new restaurant, Primo, agreed to a sale for $2500, with payment in thirty days. After thirty days, Primo's did not have the cash for payment: therefore, Primo's offered Mulkey a 4 month note with 11.5% interest, all payable at the end of the term of the note. Please record the appropriate journal entry establishing the note on Mulkey's books.
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