On October 1, 2015, Pennington Company issued a $90,000, 10%, nine-month interest-bearing note. If the Pennington Company is preparing financial statements at December 31, 2015, the adjusting entry for accrued interest will include a:

A. debit to Interest Expense of $2,250

B. credit to Notes Payable of $2,250.

C. debit to Interest Expense of $3,375.

D. credit to Interest Payable of $4,500.