Grayson Bank agrees to lend the Trust Company $103,090 on January 1. Trust Company signs a $103,090,7%, 9-month, interest-bearing note. The entry made by Trust Company on January 1 to record the proceeds and issuance of the note is: Select the correct answer 55,412 $97,678 $103,090 $111,208 Interest Expense Cash Notes Payable Cash Interest Expense Notes Payable Interest Payable Cash Interest Expense Notes Payable Cash Notes Payable $5,412 $103,090 $2,706 $108,502 S5,412 $103.090 $103,090 $103,090