Angela, Inc $\quad$ $\quad$ $\quad$ Interest Income 120 $\quad$

Angela, Inc. received a $16,000 30-day, 9% note dated December 21, 2019 from Alyssa Company. On December 31, 2019, Angela made the necessary adjusting entry to accrue interest income on the note.
Angela's entry to record payment of the note on January 20, 2020 was:

A) Cash 16,120
$\quad$ $\quad$ $\quad$ Interest income 120
$\quad$ $\quad$ $\quad$ Notes receivable 16,000
B) Cash 16,040
$\quad$ $\quad$ $\quad$ $\quad$ Interest income 40
$\quad$ $\quad$ $\quad$ $\quad$ Notes receivable 16,000
C) Cash 16,120
$\quad$ $\quad$ $\quad$ Interest receivable 40
$\quad$ $\quad$ $\quad$ $\quad$ Interest income 80
$\quad$ $\quad$ $\quad$ $\quad$ Notes receivable 16,000
D) Cash 16,080
$\quad$ $\quad$ $\quad$ Interest income 80
$\quad$ $\quad$ $\quad$ Notes receivable 16,000