On October 1, Sam's Painting Service borrows $150,000 from National Bank on a 3-month, $150,000, 4% note. The entry by Sam's Painting Service to record payment of the note and accrued interest on January 1 is

DR Notes Payable 150,000; DR Interest Payable 1,500; CR Cash 151,500

DR Notes Payable 151,500; CR Cash 151,500

DR Notes Payable 150,000; DR Interest Payable 6,000; CR Cash 156,000

DR Notes Payable 150,000; DR Interest Expense 1,500; CR Cash 151,500