On March 1, 2024, Mandy Services issued a 4% long-term notes payable for $25,000. It is payable over a 5-year term in $5,000 principal installments on March 1 of each year, beginning March 1, 2025. Each yearly installment will include both principal repayment of $5,000 and interest payment for the preceding one-year period. What is the amount of total cash payment that Mandy will make on March 1, 2025?

		$5,000
		$6,000
		$25,000
		$5,500