On September 1, Concord's Painting Service borrows $157000 from National Bank on a 6-month, $157000,4% note. What entry must Concord's Painting Service make on December 31 before financial statements are prepared? Interest Expense 3140 Interest Payable 3140 Interest Payable 3140 Interest Expense 3140 Interest Expense 3140 Notes Payable 3140 Interest Expense 6280 Interest Payable 6280