Martinez Co. borrowed $75,600 on March 1 of the current year by signing a 60-day, 12%, interest-bearing note. Assuming a 360-day year, when the note is paid on April 30, the entry for the payment should include a Round your answer to the nearest whole dollar.

a.debit to Interest Payable for $1,512

b.debit to Interest Expense for $1,512

c.credit to Cash for $75,600

d.credit to Cash for $84,672