On March 1, 2018, Mandy Services issued a 3% long-term notes payable for $20,000. It is payable over a 5-year term in $4,000 principal installments on March 1 of each year, beginning March 1, 2019. Each yearly installment will include both principal repayment of $4,000 and interest payment for the preceding one-year period. What is the amount of total cash payment that Mandy will make on March 1, 2019? O A. $4,300 B. $20,000 OC. $4,600 OD. $4,000