On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $69,000. Alan made the appropriate year-end accrual. What is the joumal entry as of March 1 to record the payment of the note assuming no reversing entry was made? Note: Use 360 days a year. Muliple Choice Debit Notes Payabie \$69,000; debit interest Payable \$1,150; debit interest Expense $1,150; credit Cash $71,300. Deblit Notes Payable \$69,000; debit interest Expense \$2,300; credit Cash \$7,300. Debit Notes Payable \$69,000; debit interest Payable \$1,150, credit Cash $70.150. Debil Cash $770.150 : credit Notes Payable $770150. Debit Notes Payable \$71,300; credit interest Payable \$1,150; credit interest Expense \$1,150, credit Cash $69,000