On November 7, 2015, Mura Company borrows 160,000 cash by signing a 90-day, 8% note payable with a face value of 160,000. (1) Compute the accrued interest payable on December 31, 2015, (2) prepare the journal entry to record the accrued interest expense at December 31, 2015, and (3) prepare the journal entry to record payment of the note at maturity.