On September $1,2015,$ Barclay Spa borrowed $$500,000$ to renovate the massage therapy area of the facility. The terms of the loan were $6\%$ annually over $10$ years. Determine how the accrued interest would appear on Barclay's budgeted balance sheet at December $31,2015.$

Interest Payable $$$10,000$

Interest Expense $-$$$12,000$

Interest Payable $$12,000$

Interest Expense $-$ $$10,000$