Craig borrowed $$700,000$ on October $1,2020$ and is required to remit $$720,000$ on March $1,$

$2021$ in total payment.

What amount is the note payable recorded at on October $1,2020$

AND

how much interest is recognized from October $1$ to December $31,2020?$

A$.$ $$700,000$ and $$0$

B$.$ $$700,000$ and $$12,000$

C$.$ $$720,000$ and $$0$

D$.$ $$700,000$ and $$20,000$