This Test: 100 pts possible This Question: 2 pts 2 of 41 (0 complete) ? On March 1, 2018, Everson Services issued a 4% long-term notes payable for $16,000 It is payable over a 4-year term in $4,000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2019. Each yearly installment will include both principal repayment of $4,000 and interest payment for the preceding one-year period. On March 1, 2019, The accounting period ends on December 31 ? A. Everson will receive $4,000 as an installment payment O B. Everson must accrue the next note payment of $4,000 as the current portion of principal payment O C. Everson must pay $640 of interest to the note holder O D. Everson must accrue S4.000 of Interest Expense