On October 1, 2019, Springfield Company made a loan to one of its customers. The customer signed a 6-month note for $130,000 at 12%. How much interest revenue did the company record in 2020 for this note? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $5200
B) $2600
C) $3900
D) $7800
C) $3900
Explanation: ($130,000 × 12%) × 3/12 = $3900
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