Moss County Bank agrees to lend the Blossom Company $485000 on January 1. Blossom Company signs a $485000, 6%, 9-month note. What entry will Blossom Company make to pay off the note and interest at maturity assuming that interest has been accrued to September 30?

A) Notes Payable 485000

Interest Payable21825

Cash506825

B) Interest Payable 14550

Notes Payable 485000

Interest Expense 7275

Cash506825

C) Notes Payable 506825

Cash506825

D) Interest Expense 21825

Notes Payable 485000

Cash506825