A U.S. company borrowed $250,000 from a bank on January 1, 2012 at an annual interest rate of 8% for 10 years. The bank requires an interest rate of 8% annually. The note is repayable in semiannual payments due on June 30 and December 31 of each year. How much are the semiannual payments on the note? A. $18, 395 B. $25,000 C. $37, 257 Interest expense captured in the June 30, 2012 journal entry would total: A. $20,000 B. $0 C. $10,000 The carrying value of the note after all journal entries are made for the year as of December 31, 2012 would be: A. $232, 874 B. $241, 605 C. $250,000