Sunday, March 291 (page 8 of 191 SEK On September 1, 20x1, Sawyers Corp. borrowed $50,000 in cash by signing a six-month, 12% note from a local bank. The note's face value plus interest is due on March 1, 20X2. The September 1, 20x1, journal entry is shown in the general journal below. Required: In the journal below, prepare the 12/31/X1 and 3/1/X2 journal entries related to this note. Note: Round all interest calculations to the nearest whole month and whole dollar. Do not show decimals or cents in numerical responses. Credit Date 9/1/X1 Debit 50,000 Cash Note Payable 50,000 12/31/X1 3/1/X2