On July 1, 20X1, a company borrows $100,000 on a 5% note, due in one year.Assume accrued interest was recorded on December 31.What accounts would be impacted at the time of repayment of the note and interest on June 30, 20X2?

Group of answer choices

Interest Payable, by $2,500.

Notes Payable, by $105,000.

Cash, by $100,000.

Interest Expense, by $5,000.