Use the following information for questions 19-20. On September 1, 2011, a company issued a $50,000, 6-month, 9% note payable to purchase a piece of equipment. The company pays the note with interest at the maturity date. . What is the entry to record the payment at the maturity date (i.e. 02/29/12) of the note? A) Notes payable 50,000 Interest expense 4,500 Cash 54,500 B) Notes payable 50,000 Interest payable 1,500 Interest expense 52.250 750 Cash 50,000 2,250 C) Notes payable Interest expense Cash D) Notes payable Interest expense Interest payable 52,250 50,000 2,000 2,500 54,500