40) On January 1, Year 1, Maboney Company borrowed $324,000 cash from Sun Bamk by isswing a 5-year, 8% term note. The principal and interest are repaid by making annual payments of $81,150 beginning on December 31, Year 1. What portion of the December 31, Year 1 payment would be applied to interest? A) $25,920 C) $74.658 B) 581,150 D) $55,230