On January 1, 20X1, the company received a $10,000 three-year note bearing interest at 10% annually. The annual interest is received at each December 31. The market interest rate is 12% annually. September 30 is the company's reporting date. The company used the effective interest method to account for this long-term note receivable. Interest Income Discount Amortized Carrying Amount Cash Received Jan 1, 20x1 9,520 Dec 31, 20x1 1,000 1,142 142 9,662 Dec 31, 20x2 1,000 1,159 159 9,821 Dec 31, 20x3 1,000 1,179 179 10,000 Required: Prepare journal entries on September 30, 20X2, and December 31, 20X2 (Note: round to the nearest dollar)