On September $1,$ Oriole's Painting Service borrows $$153000$ from National Bank on a $4-$month, $$153000,4\%$ note. The entry by

Oriole's Painting Service to record payment of the note and accrued interest on January $1$ is

Notes Payable

$153000$

Interest Payable

$2040$

Cash

$155040$

Notes Payable

$153000$

Interest Payable

$6120$

Cash

$159120$

Notes Payable

$153000$

Interest Expense

$2040$

Cash

$155040$

Notes Payable

$155040$