On January 1 of Year 1, Connor borrowed $800,000 under a mortgage note payable contract. The annual interest rate on this mortgage is 12% compounded monthly. This is a 15-year, fully-amortizing monthly mortgage. The monthly payments are $9,601.34 and are due at the end of each month, starting on January 31 of Year 1. On January 31 of Year 1, Connor paid an extra $5,000 on the mortgage, so the total payment on that date was $14,601.34. Connor made the regular $9,601.34 payment on February 28 of Year 1. What is the remaining balance of the mortgage note payable as of February 28 of Year 1 after the monthly payment is made on that date? Note: the February 28 payment is the second monthly payment. $789,284.33 $790,243.98 $792,837.99 $793,398.66 $791,731.31