Question 9 (1 point) To borrow money, klam Inc. obtained $20,000, 6-month, 7% note on October 1, 2022. The company prepares financial statements annually on Dec 31. What adjusting entry should be made by Kam to accrue interest on December 31, 2022? Dr Interest Expense $350, Cr Interest Payable $350 Dr Interest Expense $1,400, Cr Interest Payable $1,400 Dr Interest Expense $350, Cr Notes Payable $350 Dr Notes Payable $1,400, Cr Interest Payable $1,400