Wisconsin Bark lends Local Furniture Company $180.000 on November 1. Local Fumiture Company signs a $180,000,9% 4-month note. The fiscal year end of Local Furniture Company is December 31. The journal entry made by Local Fumiture Company on December 31 is: O A debit Interest Expense and credit Interest Payable for $2.700 Os debit interest Payable and credit Interest Expense for $2.700 O debit interest Payable and credit Cash for $2.700 OD dobi interest Expense and credit Cash for $2.700 Beck Company had the following accounts and balances at the end of the year. What is net income or net loss for the year? $77.000 Accounts Payable $12.000 Common Stock $21.000 Dividends $12.000 Operating Expenses $13.000 Accounts Receivable $55.000 Inventory $42.000 Long-term Notes Payable $33.000 Revenues 503.000 Solaris Payable $34.000 DA net loss of $7.000 Bnet income of $93.000 Cnet income of $6.000 Onet income of 50 000