On November 7, 2016, Mura company borrows $350,000 cash by signing a 120-day, 12% note payable with a face value of $350,000. (Use 360 days a year. Do not round your intermediate calculations.)

A. On what date will the note mature?

B. Prepare the journal entry to record the accrued interest expense at December 31, 2016.

C. Prepare the journal entry to record the payment of the note at maturity.