Carlock Systems Received a Six-Month,12% Note for $50,000 from a Customer

Carlock Systems received a six-month,12% note for $50,000 from a customer on November 1,Year 1.The note is due on April 30,Year 2.Assuming the company's accounting period ends on December 31,how much interest revenue should be recognized during Year 1 and Year 2?

A) Year 1: $0; Year 2: $6,000
B) Year 1: $1,000; Year 2:$2,000
C) Year 1: $1,000; Year 2: $5,000
D) Year 1: $2,000; Year 2: $1,000