On January 1, 2024, Spice Company purchased a building and signed a six-year mortgage for $270,000 at 10%. The note will be paid in equal annual installments of $61,994, beginning January 1, 2025. Calculate the amount of interest expense paid on the second installment. (Round any intermediate calculations and your final answer to the nearest dollar.) O A. $27,000 B. $23,501 O c. $34,994 OD. $38,493 erc min