During 2014, the Cash Flows Related to Global Data, Inc

During 2014, the cash flows related to Global Data, Inc.'s lending and borrowing activities are summarized as follows:
$\begin{array} { | l | r | } \hline \text { Cash lent to borrowers } & \$ 132,600 \\\hline \text { Payment to retire bonds payable } & \$ 367,500 \\\hline \text { Proceeds from borrowing at bank (note payable) } & \$ 220,500 \\\hline \text { Interest received from borrowers } & \$ 31,500 \\\hline \text { Interest payments made on bonds payable } & \$ 42,000 \\\hline\end{array}$

-If Global Data's income statement for 2014 reports interest expense of $25,200, then:

A) Interest payable decreased by $16,800 in 2014.
B) Interest payable increased by $16,800 in 2014.
C) Interest payable at the end of 2013 amounts to $16,800.
D) Either the amount reported in the income statement or the interest payment shown above must be incorrect.