Swifty Corporation purchased equipment on November 1, 2020 and gave a 3-month, 12% note with a face value of $85000. The December 31, 2020 adjusting entry is debit Interest Expense and credit Interest Payable, $2550. debit Interest Expense and credit Cash, $1700. debit Interest Expense and credit Interest Payable, $1700. debit Interest Expense and credit Interest Payable, $10200.