On January 1, 2014, Ink, Inc. borrowed $100,000 cash from Fidelity Bank on a note that had a 6 percent annual interest rate and a five-year term. The loan is to be repaid in annual payments of $23,741.69 on January 1 each year. The amount of the January 1, 2015, payment applied to interest and to principal would be

a. $6,000 / $94,000. b. $17,741.69 / $94,000. c. $4,935.50 / $82,258.31. d. $6,000 / $17,741.69.

Answer in details please.