Riverbed Corp. was experiencing cash flow problems and was unable to pay its $104,000 account payable to Martinez Corp. when it fell due on September 30,2023. Martinez agreed to substitute a one-year note for the open account. The following two options were presented to Riverbed by Martinez: Option 1: A one-year note for $104,000 due September 30,2024 . Interest at a rate of 9% would be payable at maturity. Option 2: A one-year non-interest-bearing note for $113,360. The implled rate of interest is 9%. Assume that Martinez has a December 31 year end. Date September 30, 2023 December 31, 2023 September 30,2024 Account Titles and Explanation Debit Credit