Problem 3 (12 marks) Blyth Inc. owed Nyah Co. $8,000. They could not pay on time. They negotiated the following settlement with Nyah Co. They will pay $1,500 right away and take out a note for the balance. The note is dated December 15, 2020, is for 60 days, and includes 5% interest. The principal of the note and interest will be paid at maturity. Required Prepare the journal entry for Blyth Inc. to: 1. Record the exchange of the accounts payable for the note payable and cash 2. Record the interest accrual on Dec 31, 2020. 3. Record the payment of the