The City of Motorville borrowed $100,000 for a period of six months using a tax anticipation note on October 1, 2022. The City is charged interest on the borrowing at annual rate of 5 percent. The City's fiscal year-end is December 31, 2022. What would be the amount of expenditure, if any, that should be reported in its General Fund on December 31, 20222 Select one: a. No entry is required on December 31, 2022. O b. $5,000 OC5105,000 d. $1,250 e $2.500