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. The entry made by Sadowski Brick Company on January 1 to record the proceeds and issuance of the note is

		Cash ............................................................................ 500,000 Notes Payable................................................................. 500,000
		Interest Expense............................................................... 22,500 Cash. ............................................................................ 477,500 Notes Payable................................................................. 500,000
		Cash ............................................................................ 500,000 Interest Expense .............................................................. 22,500 Notes Payable ................................................................ 522,500
		Cash ............................................................................ 500,000 Interest Expense............................................................... 22,500 Notes Payable................................................................. 500,000 Interest Payable............................................................... 22,500