On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgage note for $186,000 at 15%. The note will be paid in equal annual installments of $49,148, beginning January 1, 2019. Calculate the portion of interest expense paid on the third installment. (Round your answer to the nearest whole number.)

Select one:

A.$49,148

B.$27,900

C.$21,048

D.$164,752