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After the monthly payment due on January 1 was made $66,000 is the unpaid balance of a seller's 4 percent assumable mangage. The purchaser assumed

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After the monthly payment due on January 1 was made $66,000 is the unpaid balance of a seller's 4 percent assumable mangage. The purchaser assumed the seller's mortgage and the closing was set for January 16. Find the amount of accrued Interest, using a statutory year and prorating to the day of closing. 5106,50 O $110.00 $116.00 $107.42

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