Montag Co. entered into the following transactionsinvolving short-term liabiliti

Montag Co. entered into the following transactionsinvolving short-term liabilities in 2008 and 2009. 2008 Apr. 20Purchased $48250 of merchandise on credit from Locust terms are1/10 n/30. Montag uses the perpetual inventory system. May 19Replaced the April 20 account payable to Locust with a 120-day$39000 note bearing 9% annual interest along with paying $9250 incash. July 8 Borrowed $120000 cash from National Bank by signing a120-day 8.5% interest-bearing note with a face value of $120000.__?__ Paid the amount due on the note to Locust at the maturitydate. __?__ Paid the amount due on the note to National Bank at thematurity date. Nov. 28 Borrowed $60000 cash from Fargo Bank bysigning a 60-day 8% interest-bearing note with a face value of$60000. Dec. 31 Recorded an adjusting entry for accrued intereston the note to Fargo Bank. 2009 __?__ Paid the amount due on thenote to Fargo Bank at the maturity date. Requirement 1: Determinethe maturity date for each of the three notes described.

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