Swifty Corp. was experiencing cash flow problems and was unable to pay its $121,000 account payable to Ayayai Corp. when it fell due on September 30, 2020. Ayayai agreed to substitute a one-year note for the open account. The following two options were presented to Swifty by Ayayai Corp.: Option 1: A one year note for $121,000 due September 30, 2021. Interest at a rate of 10% would be payable at maturity Option 2: A one-year non-interest-bearing note for $133,100. The implied rate of interest is 10% Assume that Ayayai Corp. has a December 31 year end. Assuming Swifty Corp.chooses Option 1, prepare the entries required on Ayayai Corp's books on September 30, 2020. December 31, 2020, and September 30, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to O decimal places, eg. 5,275. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Assuming Swifty Corp. chooses Option 2 prepare the entries required on Ayayai Corps books on September 30, 2020, December 31, 2020, and September 30, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" the account titles and enter Ofor the amounts. Round answers to O decimal places, e.g. 5,275. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record interest income) (To record the collection of the note receivable) e Textbook and Media List of Accounts