I am unsure how to solve this question. It says the right answer is A

Whit Corporation purchased a piece of equipment on January 1, 2015 by agreeing to pa};r $Q, on December 31, 21121. Assuming the appropriate interest rate is 9%, hon.r much interest expense (rounded) would he recorded for the year ended December 31, 2016'? A) $48,293 B) $44,311] C] $52,644 D] $513 32 E) Cannot he determined