Adair Corporation Purchased a Building on January 2 by Signing

Adair Corporation purchased a building on January 2 by signing a long-term $1,200,000 mortgage with monthly payments of $11,000.The mortgage carries an interest rate of 10 percent.The amount owed on the mortgage at the end of the first month will be

A) $1,200,000.
B) $1,199,000.
C) $1,190,000.
D) $1,189,000.