Devonshire Company borrowed $$288,000$ cash on April $1,2022,$ and signed a one$-$year, $9\%$ interest$-$bearing note payable. The interest and principal are both due on March $31,2023.$ What is the amount to be paid to the bank on March $31,2023$ for interest and principal?

Multiple Choice

$$313,920.$

$$305,280.$

$$288,000.$

$$294,480$