Paisley Incorporated borrowed $$2,000,000$ from State Bank on March $1,$ Year $1,$ at a rate of $6$ percent. According to the loan

agreement, Paisley must make principal payments of $$200,000$ plus appropriate interest payments every March $1$ until the loan

balance is paid off. Paisley has made timely principal and interest payments since the loan began. The interest payable balance

to report in the December $31,$ Year $3,$ balance sheet should total:

A$.$ $$100,000$

B$.$ $$88,000$

C$.$ $$86,000$

D$.$ $$80,000$