Watunga County Bank agrees to lend Sheffield Granite Company $614000 on January 1. Sheffield Granite Company signs a $614000, 8%, 9-month note. What entry will Sheffield Granite make to pay off the note and interest at maturity assuming that interest has been accrued to September 30?

Interest Expense	36840
Notes Payable	614000
Cash		650840

Notes Payable	614000
Interest Payable	36840
Cash		650840

Notes Payable	650840
Cash		650840

Interest Payable	24560
Notes Payable	614000
Interest Expense	12280
Cash		650840