Question 2 of 25 - 14 View Policies Current Attempt in Progress On October 1, Coronado's Carpet Service borrows $346000 from First National Bank on a 3-month, $346000, 7% note. What entry must Coronado's Carpet Service make on December 31 before financial statements are prepared? Interest Expense 24220 Interest Payable 24220 Interest Expense 6055 Notes Payable 6055 O o Interest Payable 6055 Interest Expense 6055 O Interest Expense 6055 Interest Payable 6055