Question 36 (2.5 points) Saved On September 1, Ken's Painting Service borrows $50,000 from National Bank on a 4-month, $50,000, 6% note. Reference: Ref 11-3 What entry must Ken's Painting Service make on December 31 before financial statements are prepared? a. Interest Payable 1,000 Interest Expense 1,000 b. Interest Escpense.. 3,000 Interest Payable 3,000 c. Interest Expense..... 1,000 Interest Payable 1,000 d Interest Expense.... 1,000 Notes Payable 1,000 Oa) O) Oda Odd