On January $1,2024,$ Wet Willy Co$.$ borrowed $$200,000$ and signed a two$-$year note bearning an interest rate of $12\%.$ Interest is payable in full at maturity on January $1,2026.$ How much interest expense would Wet Willy report on December $31,2024?$

A$)$ $$48,000$

B$)$ $$50,800$

C$)$ $$0$; all intrerest expense will be reportd at the time paid.

D$)$ $$24,000$