Indigo Corp. was experiencing cash flow problems and was unable to pay its $102,000 account payable to Blue Corp. when it fell due on September 30, 2023. Blue agreed to substitute a one-year note for the open account. The following two options were presented to Indigo by Blue: Option 1: A one-year note for $102,000 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 $110,160. The implied rate of interest is 8%. Assume that Blue has a December 31 year end. (a) Assuming Indigo chooses Option 1, prepare the entries required on Blue'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 O for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date September 30, 2023 Account Titles and Explanation Notes Receivable Accounts Receivable Debit 102000 Cre