Wisconsin Bank lends Local Furniture Company $$190,000$ on November $1.$ Local Furniture Company signs a $$190,000,9\%,4-$ month note. The fiscal year end of Local Furniture Company is December $31.$ The journal entry made by Local Furniture Company on December $31$ is:

A$.$ debit Interest Payable and credit Cash for $$2,850$

B$.$ debit Interest Payable and credit Interest Expense for $$2,850$

C$.$ debit Interest Expense and credit Interest Payable for $$2,850$

D$.$ debit Interest Expense and credit Cash for $$2,850$