On November 1, 2012, the Bagel Factory Signed a $100,000

On November 1, 2012, The Bagel Factory signed a $100,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2013. The Bagel Factory should report interest payable at December 31, 2012, in the amount of:

A) $0.
B) $1,000.
C) $2,000.
D) $3,000.