On May 1, 20x5, you take out a loan in the amount of $ 693285 payable two years. The interest rate charged on the loan, payable annually is 9%. The December 31, 20x5 adjusting entry will include a debit to: Select one: O a. Interest expense in the amount of $124791 Ob. Interest expense in the amount of $41597 O c. Interest expense in the amount of $62396 Od. Interest payable in the amount of $41597