The Cheyenne Gift shop signs a three-month, 6% note payable to help finance increases in inventory for the Christmas shopping season. The note is signed on November 1 in the amount of $54000. What is the adjusting entry to be made on December 31 for the interest expense accrued to that date, if no entries have been made previously for the interest? 540 Interest Expense Interest Payable 540 810 Interest Expense Interest Payable 810 3240 Interest Expense Interest Payable 3240 3240 O Interest Expense Note Payable 3240