A local bank lends Cobra Ka $36,340 on October 1. Cobra kai signs a $36,340,8%, 8-month note. Cobra Kai's fiscal year end is December 31. Cobra Kai's December 31 journal entry is: O A debit interest Payable 5727; credit Cash $727 OB. debit interest Expense $727; credit interest Payable $727 OC. debit interest Payable $485 Credit Cash 5485. OD. debit Interest Expense $485, credit Interest Payable $485