Nicole thinks that her business, Nicole's Getaway Spa $($NGS$),$ is doing really well and she is planning a large expansion. With such a large expansion, Nicole will need to finance some of it using debt. She signed a one$-$year note payable with the bank for $$57,000$ with a $6$ percent interest rate. The note was issued October $1,2020$; interest is payable annually; and the end of Nicole's accounting period is December $31.$