On January 1, Kuang Corporation obtained a $215.000 8 year, 5% installment note from Des Bank. The note requires annual payments of 133.625 with the first payment occurring on the last day of the fiscal year. The first payment consists of interest of $10.750 and principal repayment of 522515. The journal entry to record the payment of the first annual amount due on the not would include a a debit to Cash for 533,265 b.debit to interest Expense for $10.750 o credit to Notes Payable for $22,515 d. debit to Notes Payable for $10,750