Universal Travel, Incorporated borrowed $$500,000$ on November $1,2024,$ and signed a twelve$-$month note bearing interest at $6\%.$ Principal and interest are payable in full at'maturity on October $31,2025.$ In connection with this note, Universal Travel, Incorporated should report interest expense in $2025$ in the amount of:

Multiple Choice

$$25,000$

$$30,000$

$$5,000$

$$8,000$