Allison, a bank customer, received a loan for $$26,000$ in exchange for a $7-$month, $9\%$ note on October $1,2016.$ The note is due on April $30,2017.$

If the bank$$s accounting period ends on December $31$ each year, how much interest revenue from this note should be recognized by the bank in the years $2016$ and $2017?$

Question $26$ options:

A$)$

$2016$

$2017$

$$585$

$$780$

B$)$

$2016$

$2017$

$$1,365$

$$-0-$

C$)$

$2016$

$2017$

$$780$

$$585$

D$)$

$2016$

$2017$

$$585$

$$1,365$