On March 1, 2018 Everson Services issued a long es payable for $21,000. It is payable over a 3-year termin 57 000 annual principal payments on March of each years interest beginning March 1, 2019 Each yearly installment will include both principal payment of $7,000 and interest payment for the preceding one-year period On March 1, 2019, The accounting period ends on December 31 A Everson will receive 57.000 as an installment payment OB. Everson must accrue the next note payment of $7.000 as the current portion of principal payment OC. Everson must accrue 57.000 of Interest Expense OD. Everson must pay 5840 of interest to the note holder