Watunga county bank agrees to lend hoffman granite company $600,000 on January 1. Hoffman granite company signs a $600,000, 8%, 9-month note. What entry will hoffman granite make to pay off the note and interest at maturity assuming that interest has been accrued to September 30?

A)notes payable............636,000

cash............................................636,000

B) Notes payable.............600,000

interest payable................36,000

cash...............................................636,000

C) interest expense............36,000

notes payable..................600,000

cash.............................................636,000

D) interest payable.................24,000

notes payable.....................600,000

interest expense.......................12,000

cash..........................................................636,000