[The following information applies to the questions displayed below.]
On September 1,2018,Able Company purchased a building from Regal Corporation by paying $200,000 cash and issuing a one-year note payable for the balance of the purchase price.Interest on the note is stated at an annual rate of 9% and is paid at maturity.In its December 31,2018,balance sheet,Able correctly presented the note and interest payable as follows:

-How much must Able pay Regal Corporation on September 1,2019,when the note matures?
A)$600,000
B)$618,000
C)$654,000
D)$636,000

Question

[The following information applies to the questions displayed below.]
On September 1,2018,Able Company purchased a building from Regal Corporation by paying $200,000 cash and issuing a one-year note payable for the balance of the purchase price.Interest on the note is stated at an annual rate of 9% and is paid at maturity.In its December 31,2018,balance sheet,Able correctly presented the note and interest payable as follows:
 
-How much must Able pay Regal Corporation on September 1,2019,when the note matures?
A)$600,000 
B)$618,000 
C)$654,000 
D)$636,000

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The Answer of [The following information applies to the questions displayed below.]
On September 1,2018,Able Company purchased a building from Regal Corporation by paying $200,000 cash and issuing a one-year note payable for the balance of the purchase price.Interest on the note is stated at an annual rate of 9% and is paid at maturity.In its December 31,2018,balance sheet,Able correctly presented the note and interest payable as follows:
 
-How much must Able pay Regal Corporation on September 1,2019,when the note matures?
A)$600,000 
B)$618,000 
C)$654,000 
D)$636,000

[The Following Information Applies to the Questions Displayed Below