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On July 1 , Shady Creek Resort borrowed $ 2 5 0 , 0 0 0 cash by signing a 1 0 - year, 6

On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 6% installment note requiring equal payments each month of $3,105. What amount of interest expense will be included in the first payment?
A. $1,250
B. $15,000
C. $3,105
D. $4,355
E. $2,236

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