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On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgage note for $160,000 at 15%. The note will be paid in equal annual installments of $42,278, beginning January 1, 2019. Calculate the portion of interest expense paid on the third installment. (Round your answer to the nearest whole number.) A. $141,722 B. $24,000 C. $18,105 D. $42,278