Use the Information from Cen, Inc -How Much Is the Maturity Value of the One-Year Note

Multiple Choice

Use the information from Cen, Inc. to answer questions
Cen, Inc. reported the following on its December 31, 2017, balance sheet:
$\begin{array}{lrr}\text { Current liabilities: }&2017&2016\\\hline \text { One-year short-term notes payable, net of discount of } & \$ 9,800 & \$ 6,400 \\\quad \$ 300 \text { and } \$ 400 \text {, respectively } & & \\\text { Accrued interest on notes payable } & 340 & 280 \\\text { Current portion of long-term debt } & 1,250 & 2,340 \\\text { Trade accounts pavable } & 500 & 700\end{array}$

-How much is the maturity value of the one-year note payable that is outstanding at the end of 2017?

A) $9,500
B) $9,800
C) $10,100
D) $10,400