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sa On January 1, 2020, Thames Company purchases property and signs a 6-year mortgage note for $60,000 at 4%. The blended monthly payment is $980,

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sa On January 1, 2020, Thames Company purchases property and signs a 6-year mortgage note for $60,000 at 4%. The blended monthly payment is $980, where $2,226 of the payments made in 2020 went towards interest Assuming Thames Company's year-end is December 31, how much of the annual payments made during 2020 went towards reducing the principal? th ad O A $9,534 OB. $2,226 OC. $11,760 OD. $980 20 OF RY

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