Halfway Home Inc. (HHI) was unable to pay its debts to Golden Dog Corporation (Golden) due to some cash flow issues encountered during the year. Golden agreed to exchange HHIs $200,000 accounts payable when it came due on October 31, 2022 and presented HHI with two options. Both companies have December 31 year ends. Option A: Exchange the $200,000 A/P for a one-year non-interest-bearing note of $212,000. (Note: you will need to impute the interest rate) Option B: Exchange the $200,000 A/P for a one-year note for $200,000. Interest would be charged at an annual rate of 6% and would be payable at maturity. Required (20 marks): a) Prepare journal entries for Golden under both option A and B at the following dates: a. October 31, 2022 b. December 31, 2022 c. October 31, 2023 b) How much interest income is earned by Golden in total under both options? c) Which option should be chosen by HHI and why?