On April 1, 2018, Cardons borrowed $300,000 at an annual interest rate of 4 percent to expand its boat storage facility. The loan requires Cardons to pay the interest quarterly until the note is repaid in three years. Cardons paid quarterly interest on July 1 and October 1, 2018. Prepare a adjusting entry for this transaction. My answer was debit interest expense and credit interest payable and it was correct. But my number was wrong. I wrote $3000 debit and $3000 credit and it was wrong. Then i tried $500 debit and $500 credit and that was wrong as well. Please help me find the right number