At the beginning of the year, the company owed $124,300 to CIBC for its bank loan. During the year, the company borrowed an additional $54,600 from the bank. On the year end balance sheet, the current portion of bank loan payable was $31,200 and the non-current portion was $125,600. How much of the bank loan payable was repaid during the year? Select one: O a. $26,100 O b. $20,700 O c. $24,200 d. $23,900 O e. $22.100