The matching principle requires businesses to report Warranty Expense O A. in the same period that the company records the revenue related to that warranty O B. in the long-term assets section of the balance sheet C. In the period after the related revenue is recorded O D, in the period prior to which the company records the revenue related to that warranty Celebrate Holidays Company signed a 6%, 10-yea What portion of the first monthly payment is principal? (Do not round any intermediate calculations, and round your final answer to the r note for $165,000. The company paid an installment of $2,400 for the first month.l nearest dollar) O A. $16,150 O B. $1,575 O C. $3,975 O D. $6,600