John Hamilton borrowed $$536,000$ from Stone Creek Bank to open a new restaurant called Sauce$-$lt$-$Up$.$ John transferred $$482,400$ of the cash he borrowed to the restaurant on the first day of the year. How many reporting entities exist in this scenario?

$1$

points

Multiple Choice

$00$:$25$:$02$

One reporting entity

Four reporting entities

Two reporting entities

Three reporting entities