A business borrowed $40,000 on March 1 of the current year by signing a 30-day, 9% interest bearing note. When the note is paid on March 31, the entry to record the payment should include a

	a.	debit to Interest Payable $300
	b.	debit to Interest Expense $300
	c.	credit to Cash for $43,600
	d.	credit to Cash for $40,000