On February 1^st, H&B Bank Originated a Loan for $50,000

On February 1^st, H&B Bank originated a loan for $50,000 at an interest rate of 7.2%. On March 15^th, an interest payment of $300 was received. Which of the following best describes when interest revenue should be recognized?

A) At a point in time (February 1^st)
B) At a point in time (March 15^th)
C) At a point in time (March 31^st)
D) Over time