West County Bank agrees to lend Drake Builders Company $400,000 on January 1. Drake Builders Company signs a $400,000, 6%, 6-month note. The entry made by Drake Builders Company on January 1 to record the proceeds and issuance of the note is 6,000 194,000 400,000 400,000 a. Interest Expense. Cash. Notes Payable. b. Cash Notes Payable.. C. Cash Interest Expense... Notes Payable d. Cash Interest Expense. Notes Payable Interest Payable. 400,000 400,000 12,000 412,000 400,000 12,000 400,000 12,000