X ackboard XCIO Remaining Time: 1 hour, 50 minutes, 54 seconds. Question Completion Status: current assets minus current liabilities QUESTION 4 2 points Save Ans Watunga County Bank agrees to lend Hoffman Granite Company $600,000 on January 1 Hoffman Granite Company signs a 5600.000.8% 9.month note The entry made by Hoffman Granite on January 1 to record the proceeds and issuance of the note is Cash 600.000 Interest Expense 36.000 Notes Payable 600,000 Interest Payable 36.000 Interest Expense 36.000 Cash 564,000 Notes Payable. 600.000 Cash 600,000 Notes Payable 600,000 Cash 600,000 InterestExpense 36,000 Notes Payable 636,000 QUESTION 5 2 points