Soll Ltd provided a loan to Fargo Ltd on $1$ November $2020$ of which the capital portion is repayable in eleven equal annual instalments starting on $1$ July $2021.$ Interest on the loan is calculated at $10\%$ per annum and is payable at the end of each financial year.

The year$-$end of Soll Ltd is $31$ December.

The outstanding balance on the loan, as at $31$ December $2023,$ amounts to R$540000.$

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REQUIRED:

Which one of the following options represents the amount of interest received by Soll Ltd for the year ended $31$ December $2023?$