The GRF Company rendered services on 1/1/16 and accepted a $10,000, 6%, 5-year note receivable with interest to be paid annually on December 31 through 12/31/20. The principal will be paid in full on 12/31/20. GRF's imputed interest rate is 12% and the effective amortization method is used Total approximate Interest Revenue over the life of this note will be: Select one: O a. $2,763 O b. $2,163 Oc. $8,163 O d. $5,163 Oe. $5,674