Miranda Company borrowed $110,000 cash on September 1, 2016, and signed a one-year 5%, interest-bearing note payable. Assume no adjusting entries have been made during the year. Which of the following would be the required adjusting entry at the end of the December 31, 2016 accounting period?

Interest expense	5,500
Interest payable		5,500

Interest expense	1,833
Interest payable		1,833

Interest payable	1,833
Interest expense		1,833

Notes payable	110,000
Interest expense	5,500
Cash		115,500