57 JRS Corporation entered into an interest rate swap with a swap bank. JRS pays variable interest to the bank and receives fixed Interest at 6.60%. The notional principal is $220,000. The variable rate on settlement date is 7.10%. The journal entry recorded by JRS for settlement of the swap results in a(n): (Click to select) Debit to interest expense of $1,100 Credit to interest expense of $1,100 Debit to interest expense of $15,620 Credit to interest expense of $15,620