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United Health Group borrowed money through an 8-month, 8% note for $156,000 on October 1, 2022. The note is due on May 30, 2023. If

United Health Group borrowed money through an 8-month, 8% note for $156,000 on October 1, 2022. The note is due on May 30, 2023. If Uniteds accounting period end on December 31, 2022, how much interest expense will the company recognize during 2022?

a. $12,480

b. $0

c. $3,120

d. $8,320

e. $5,200

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