Arnold Company issues a $5-$year, $9\%$ installment note for $$28,000$ to County Bank. Annual payments are $$7,199.$ The journal entry to record the issuance of the installment note payable would include a

a$.$ credit to Notes Payable for $$30,520.$

b$.$ credit to Cash for $$28,000.$

c$.$ debit to Cash for $$28,000.$

d$.$ credit to Interest Payable for $$2,520.$