[The Following Information Applies to the Questions Displayed Below

Multiple Choice

[The following information applies to the questions displayed below.]
On November 1,Year 1,Noble Co.borrowed $80,000 from South Bank and signed a 12%,six-month note payable,all due at maturity.The interest on this loan is stated separately.
-At December 31,Year 1,Noble Co.'s overall liability for this loan amounts to:

A) $80,000.
B) $81,600.
C) $83,200.
D) $84,800.