Answer all questions please

Use the following to answer questions 58-61: On November 1, Year 1, Dover Co. borrowed $70,000 from Village Bank and signed a 12%, six- month note payable, all due at maturity. The interest on this loan is stated separately. 58. Refer to the above data. How much interest expense will Dover recognize on this note in Year 2? A) $8,400. B) $4,200. C) $2,100. D) $2,800. Page 12