Harper Company lends Hewell Company $27,600 on March 1, accepting a four-month, 7% interest note. Harper Company prepares financial statements on March 31. What adjusting entry should be made before the financial statements can be prepared?

a.

Cash		161
Interest Revenue			161

b.

Interest Receivable		644
Interest Revenue			644

c.

Interest Receivable		161
Interest Revenue			161

d.

Note Receivable		27,600
Cash			27,600