Question: help please Samco signed a 12-year note payable on January 1, 2018, of $780,000. The note requires annual principal payments each December 31 of $65,000

 help please Samco signed a 12-year note payable on January 1,

help please

Samco signed a 12-year note payable on January 1, 2018, of $780,000. The note requires annual principal payments each December 31 of $65,000 plus interest at 8%. The entry to record the annual payment on December 31, 2022, includes O A. a debit to Interest Expense for $62.400 O B. a credit to Cash of $127,400. O c. a debit to Interest Expense for $41,600. O D. a credit to Notes Payable for $65,000

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