On November 1, 2021 New Morning Bakery signed a $207000,6%, six month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2022 New Morning Bakery should record which of the following adjusting entries at December 31, 2021 (Do not round your intermediate calculations. Multiple Choice Debit interest Expense and credit Cash, 52,070 Debit interest Expense and credit Interest Payable, $6,210 Debit interest Expense and credit Cash, 56,210 Debit interest Expense and credit interest Payable, $2,070