Flipco signed a 10-year note payable on January 1, 2016, of $800,000. The note requires annual principal payments each December 31 of $80,000 plus interest at 5% The entry to record the annual payment on December 31, 2017, includes COA. a debit to interest Expense for $36,000 OB. a debit to interest Expense for $40,000 C. a credit to Notes Payable for $80,000 OD. a credit to Cash of $120,000