On October 1, 2015, Attra Inc. borrows $217,000 on a three-year note that requires the company to pay 8% interest on March 31 and September 30. On December 31, 2015, the adjusting entry to accrue interest on the note should debit: Interest Expense and credit Cash for $8,680. Interest Payable and credit Interest Expense for $4,340 O Interest Expense and credit Interest Payable for $8680 Interest Expense and credit Interest Payable for $4,340