Required information [The following information applies to the questions displayed below] 3 8 On March 1, Hugh Corporation plans to borrow $550,000 from the Scotland State Bank by signing 812%,15-year note payable. The note calls for 180 monthly payments of $6,000, which includes both interest and principal components. \"x 8 01:32:03] Of Hugh's budgeted debt service cost of $6,000 in March, the amount applied to the principal of the note totals: Multiple Choice 0 $5.000. $4.500. $500 O 0 $4,000. O