On September $1,2019,$ Maibritt Equipment signed a $12-$month, $9\%$ interest bearing note payable for $$200,000.$

Assuming Maibritt maintains its books on a calendar year basis, the amount of interest expense that should be reported in the $2020$ income statement for this note would be:

A$)$ $$12,000$

B$)$ $ $8,000$

C$)$ $$18,000$

D$)$ $ $6,000$