n March 1, 2018, Everson Services issued a 6%longminustermnotes payable for $ 16 comma 000.It is payable over a 4minusyearterm in $ 4 comma 000annual principal payments on March 1 of each year plus interest, beginning March 1, 2019. Each yearly installment will include both principal repayment of $ 4 comma 000and interest payment for the preceding oneminusyearperiod. On March 1, 2019, . The accounting period ends on December 31.A. Everson will receive $ 4 comma 000as an installment payment