Kinsella Seed borrowed $200,000 on October 1, 2008, at 10 percent interest. The interest and principal are due on September 30, 2009. What journal entry should be made with respect to the interest payment on September 30, 2009?

a. Debit Interest Expense 15,000; debit Interest Payable 5,000; credit Cash 20,000.

b. Debit Interest Expense 15,000; credit Cash 15,000.

c. Debit Interest Expense 20,000; credit Cash 20,000.

d. Debit Cash 20,000; credit Interest Expense 15,000; credit Interest Payable 5,000.