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Rinoa Corp bought a new desk on July 1 st 2018. It cost 10,000, and it was financed purely with credit card debt (15% interest

Rinoa Corp bought a new desk on July 1^st 2018. It cost 10,000, and it was financed purely with credit card debt (15% interest per year). What is the total cash flow related to the desk in 2018 assuming the corporate rate is 21%?

A. -10,000

B. -292.41

C. +1,507.5

D. -9,542.41

E. None of the Above

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