Gravel Corporation borrowed $250,000 from a bank on January 1, 2022, by signing a 10%, six-month note. The Journal entry made by Gravel on January 1, 2022, will debit O A Interest Expense for $25,000 and credit Interest Payable for $25,000 O B. Cash for $225,000 and credit Notes Payable for $225,000 OC. Interest Expense for $25,000 and credit Cash for $25,000 D. Cash for $250,000 and credit Notes Payable for $250,000