On January 1, 2024, Erazos Company purchased equipenent and signed a six - year mortgage noto for 5185,000 at 15% The note will bo paid in equal annual installments of $49,148, beginning January 1,2025 , On January 1,2025 , the foumal entry to record the first installment payment will include a whole number) (Round your answer to the nearest A. credit to Mortgape Payable for $186,000 B. debit to Interest Expense for $27,900 C. debit to Mortgage Payable for $49,148 D. Gedit to Cash for $21,248