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Celebrate Holidays Company signed a 9%, 10-year note for $154,000. The company paid an installment of $2,200 for the first month. What portion of the

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Celebrate Holidays Company signed a 9%, 10-year note for $154,000. The company paid an installment of $2,200 for the first month. What portion of the first monthly payment is principal? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.) A. $15,033 B. $1,540 C. $1,045 OD. $3,245

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