please show all steps so I fully understand how to solve. Thank you

On May 1, 20x5, you take out a loan in the amount of $ 178082 payable in two years. The interest rate charged on the loan, payable annually is 5%. The December 31, 20x5 adjusting entry will include a debit to: Select one: a. Interest payable in the amount of $5936 b. Interest expense in the amount of $17808 c. Interest expense in the amount of $5936| d. Interest expense in the amount of $8904 Check