On December1, 2018, RestaurantEquipment, Inc. sold machinery to a customer for$23,000. The customer could not pay at the time of sale but agreed to pay 9 months later and signed a9-month note at11% interest. What was the total amount of cash collected by Restaurant Equipment on the maturity of thenote? (Round any intermediate calculations to two decimalplaces, and your final answer to the nearestdollar.)

A.

$25,530

B.

$24,898

C.

$21,103

D.

$1,898