Kinsella Seed borrowed $207,000 on October 1,2023 , at 10% interest. The interest and principal are due on october 1 , 2024, In addition to a debit to Note Payable for $207,000, what should the journal entry for repayment on October 1,2024 include? a. Debit Interest Expense 55,175; debit Interest Payable \$15,525 credit Cash 5227,700 b. Debit interest Expense 515,525 ; credit Cach 5222, 25 c. Debit Interest Expense $20,700, credit cash $227,700 d. Debic intreut Fxpense 515,525; debot Loterest Payable 55, 175; credit Cash 520,700