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Global Enterprises, Inc. signed a one-year $48,000 note payable at 6% interest on April 1, 2025. If Global only adjusts its accounts once a

Global Enterprises, Inc. signed a one-year $48,000 note payable at 6% interest on April 1, 2025. If Global only adjusts its accounts once a year at year-end, how much interest expense was accrued on December 31, 2025? (Round any intermediate calculations to two decimal places, and your final answer to the nearest whole number.) A. $2,160 B. $2,400 C. $2,880 OD. $720

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