Elway Products, Inc. borrowed $615,000 by issuing an eleven-month note on May 1 of the current year. The note is due on April 1 of the following fiscal year. The short-term note carries a 4% annual interest rate, with interest due at maturity. The company's fiscal year ends on December 31. Prepare the journal entry required to record Elway's full payment of the note at maturty. (Record debits first. then credits. Exclude explanations from any jounal entries.) Account April 1 (following year)