On June 1, 2025, Sheffield Corp. loaned Pharoah $492000 on a 12% note, payable in five annual installments of $98400 beginning January 2, 2026. In connection with this loan, Pharoah was required to deposit $4920 in a zero-interest-bearing escrow account. The amount held in escrow is to be returned to Pharoah after all principal and interest payments have been made. Interest on the note is payable on the first day of each month beginning July 1, 2025. Pharoah made timely payments through November 1, 2025. On January 2, 2026, Sheffield received payment of the first principal installment plus all interest due. At December 31, 2025, the balance in Sheffield's Interest Receivable account for the loan to Pharoah is $4920. O $14760. O $9840. $0.

On June 1,2025 , Sheffield Corp. loaned Pharoah $492000 on a 12% note, payable in five annual installments of $98400 beginning January 2, 2026. In connection with this loan, Pharoah was required to deposit $4920 in a zero-interest-bearing escrow account. The amount held in escrow is to be returned to Pharoah after all principal and interest payments have been made. Interest on the note is payable on the first day of each month beginning July 1,2025. Pharoah made timely payments through November 1,2025. On January 2,2026 , Sheffield received payment of the first principal installment plus all interest due. At December 31, 2025, the balance in Sheffield's Interest Receivable account for the loan to Pharoah is $4920. $14760. $9840. so