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Martinez Co. borrowed $52,574 on March 1 of the current year by signing a 60 -day, 12%, interest-bearing note. Assuming a 360-day year, when the note is paid on April 30 , the entry to record the payment should include a a. debit to Interest Payable for $1,051. b. debit to Interest Expense for $1,051. c. credit to Cash for $52,574. d. credit to Cash for $58,883