Watauga County Bank agrees to lend Farm Caf$$ $$500,000$ on January $1,2026.$ Farm Caf$$ signs a $$500,000,6\%,9-$month note. Use the following tabular analysis to record the proceeds and issuance of the note by Farm Cafe:

increase to Interest Expense for $$22,500,$ increase to Cash for $$477,500,$ and an increase to Notes Payable for $$500,000$

increase to Cash and to Notes Payable for $$500,000$

increase to Cash for $$500,000,$ increase to Interest Expense for $$22,500,$ and an increase to Accounts Payable for $$522,500$

increase to Cash for $$500,000,$ increase to Interest Expense for $$22,500,$ increase to Notes Payable for $$500,000,$ and an increase to Interest Payable for $$22,500$