On September $1,2022,$ Banner Co$.$ borrowed $$70,000$ from the City Bank for five months at $9\%.$ Interest was properly accrued on

December $31,2022.$ The payment of the note and accrued interest on the due date will cause

a decrease to Interest Payable of $$2,625.$

a decrease to Interest Payable of $$2,100.$

a decrease to Notes Payable of $$72,625.$

an increase to Interest Expense of $$2,625.$