Current Attempt in Progress On August 31, Carla Vista Co. partially refunded $493,000 of its outstanding 10% note payable made one year ago to Dugan State Bank by paying $493,000 plus $49,300 interest, having obtained the $542,300 by using $137,350 cash and signing a new one-year $445,000 note discounted at 9% by the bank. (a) Your answer is partially correct. Make the entry to record the partial refunding. Assume Carla Vista Co. makes reversing entries when appropriate. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation August 31 Notes Payable Interest Expense Discount on Notes Payable Cash Discount on Notes Payable Debit 493,000 49,300 Credit 137,350 13,350