On October $1,$ Bramble's Carpet Service borrows $$348000$ from First National Bank on a $3-$month, $$348000,8\%$ note. What entry must Bramble's Carpet Service make on December $31$ before financial statements are prepared?

$\backslash$table$[[$Interest Expense,$27840,],[$Interest Payable,,$27840],[,6960,],[$Interest Expense,,$6960],[,6960,],[$Notes Payable,,$6960],[$Interest Expense,$6960,],[$Interest Payable,,$6960]]$