On November 16, 2019, Shoe Company Borrowed $20,000 from Lace $\quad$

On November 16, 2019, Shoe Company borrowed $20,000 from Lace Company and gave a 90-day, 12% note.
On December 31, 2019 the end of the accounting period, Lace makes the following entry:

A) Notes receivable 300
$\quad$ $\quad$ $\quad$ Interest income 300
B) Interest receivable 600
$\quad$ $\quad$ $\quad$ Interest income 600
C) Cash 300
$\quad$ $\quad$ $\quad$ Interest income 300
D) Interest receivable 300
$\quad$ $\quad$ $\quad$ $\quad$ Interest income 300