Lalapalooza Corporation Issues a $ 600,000, 5%, 5-Year Note Payable

Lalapalooza Corporation issues a $ 600,000, 5%, 5-year note payable on January 1, 2021. The terms provide for semi-annual blended payments of $ 68,555 on July 1 and January 1.
Instructions
a) Prepare the journal entries to record the note on January 1, 2021, and the first instalment payment.
b) Assuming Erving has a December 31 year end, prepare the 2021 year-end adjusting entry to account for accrued interest on the note payable. Round your answer to the nearest dollar.
c) Prepare a partial balance sheet at December 31, 2021 for Lalapalooza Corporation displaying all amounts related to the note payable.