O A $2,333 O B. $3,500 OC. $2,088 OD. $14,000 On November 1, 20X4, Steel Corp. loaned Iron Corp. $300,000. Interest is payable annully at 7%, which approximates the market rate of interest. The first payment of $121,000 ($100,000 principal and $21,000 interest) was made on November 1, 20X5 Al December 31, 20X5, what is Stoel's interest receivable on this loan? (For ease of computation base your interest calculations on whole months outstanding, rather than number of days outstanding.)