On January 1, Year 1, Wok of Fame, Inc., borrowed $700,000 at 5%. The loan will be repaid with equal annual installment payments of $50,000 made on the last day of each year, which is the company's yearend. The second installment payment journal entry will include a larger ______ than in the first installment payment journal entry.

a.debit to Notes Payable

b.debit to Interest Expense

c.credit to Interest Expense

d.credit to Notes Payable