On June 8, Alton Co. issued an $84,100, 10%, 120-day note payable to Seller Co. Assume that the fiscal year of Seller Co. ends June 30. Using a 360-day year in your calculations, what is the amount of interest revenue recognized by Seller in the following year? When required, round your answer to the nearest dollar.

A) $1,402

B) $701

C) $2,289

D) $8,410