On November 1, 2019, Sam Adams Company lent $20,000 to Miller Company.

Sam Adams required Miller Company to sign a 6% interest bearing note with

both interest and principal due in one year. Assuming Sam Adam's year ends

December 31st, how much interest revenue will Sam Adams Company report on

its year end December 31, 2020 income statement relative to this note?

A) $1,200

B) $1,000

C) $600

D) $200