On December 1, 2020, Shaw Company accepted from Bogner a $10,000, 3-month, 8% note in lieu of an existing $10,000 account receivable. Shaw Company's fiscal year-end is December 31. What journal entry, if any, should Bonger Company record on December 31, 2020?

		Debit Interest Expense, $800; and Credit Interest Payable, $800
		Debit Interest Expense, $67; and Credit Interest Payable, $67
		Debit Interest Payable, $67; and Interest Expense, $67
		Debit Interest Payable, $800; and Interest Expense, $800
		No journal entry needed