Moss County Bank agrees to lend the Sadowski Brick Company $$500,000$ on January $1.$ Sadowski Brick Company signs a $$500,000,6\%,9-$month note. Recording the proceeds and issuance of the note by Sadowski Brick Company on January $1$ includes a$($n$)$

Group of answer choices

Increase to Cash and to Notes Payable for $$500,000.$

Increase to Interest Expense for $$22,500,$ increase to Cash for $$477,500,$ and an increase to Notes Payable for $$500,000.$

Increase to Cash for $$500,000,$ increase to Interest Expense for $$22,500,$ and an increase to Notes Payable for $$522,500.$

Increase to Cash for $$500,000,$ increase to Interest Expense for $$22,500,$ increase to Notes Payable for $$500,000,$ and an increase to Interest Payable for $$22,500.$