During 2019, Williamson Company borrowed money at First State Bank and Trust on two occasions. On June 8, the company borrowed $30,000, giving a 120-day, 7 percent note, and on September 8, the company discounted at 7 percent a $40,000, 90-day note payable.(Use 360 days a year. Do not round intermediate calculations.)

Record entry for the payment of the 90-day 7% discounted note.