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a. $27,635 'b. $48,620 'c. $36,821 d. $40,201 On January 1, Zero Company obtained a $52,000, four-year, 6.5% installment note from Regional Bank. The note

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a. $27,635 'b. $48,620 'c. $36,821 d. $40,201

On January 1, Zero Company obtained a $52,000, four-year, 6.5% installment note from Regional Bank. The note requires annual payments consisting of principal and interest of $15,179, beginning on December 31 of the current year. The December 31, Year 1, carrying amount in the amortization table for this installment note will be equal to $27,635 Ob. $48,620 $36,821 (Dd. $40 201

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