Swifty Corp. was experiencing cash flow problems and was unable to pay its $$104,100$ account payable to Ayayai Corp. when it fell due on September $30,2023.$ Ayayai agreed to substitute a one$-$year note for the open account. The following two options were presented to Swifty by Ayayai:Option $1$: A one$-$year note for $$104,100$ due September $30,2024.$ Interest at a rate of $8\%$ would be payable at maturity.Option $2$: A one$-$year non$-$interest$-$bearing note for $$112,428.$ The implied rate of interest is $8\%.$Assume that Ayayai has a December $31$ year end.$($a$)$Assuming Swifty chooses Option $1,$ prepare the entries required on Ayayai's books on September $30,2023,$ December $31,2023,$ and September $30,2024.($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 $0$ for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.$)$DateAccount Titles and ExplanationDebit