On October 1,2017,Parsons,Inc

On October 1,2017,Parsons,Inc.sold machinery to a customer for $20,000.The customer could not pay at the time of sale,but agreed to pay 10 months later,and signed an 10-month note at 10% interest.How much interest revenue was earned during 2017? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar. )

A) $530
B) $500
C) $3,500
D) $1,667