On September 1, Joe's Painting Service Borrows $150,000 from National

On September 1, Joe's Painting Service borrows $150,000 from National Bank on a 4-month, $150,000, 6% note. The entry by Joe's Painting Service to record payment of the note and accrued interest on January 1 is
$\begin{array}{lrr} \text {Notes Payable } &153,000\\ \text { Cash } &&153,000\\\\ \text {Notes Payable } &150,000\\ \text { Interest Payable } &3,000\\ \text { Cash } &&153,000\\\\ \text { Notes Payable } &150,000\\ \text { Interest Payable } &9,000\\ \text { Cash } &&159,000\\ \text {Notes Payable } &150,000\\ \text { Interest Expense} &3,000\\ \text { Cash } &&153,000\\\end{array}$