Keesha Company borrows $$135,000$ cash on December $1$ of the current year by signing a $150-$day, $10\%,$$$135,000$ note.

On what date does this note mature?

& $3.$ What is the amount of interest expense in the current year and the following year from this note?

Prepare journal entries to record $(a)$ issuance of the note, $(b)$ accrual of interest on December $31,$ and $(c)$ payment of the note at maturity.