Roger Rong borrowed $12,000 on 120 - day 11 percent note. Roger paid $4,000 toward the note on day 40. On day 110 he paid an additional $3,000. Using the U.S. Rule his adjusted balance after the 1st payment is Select one: a. $3,853.33 b. $8,146.67 c. $12,000.00 d. $8,000.00 e. none of the above