On January 1, 2010, Tran, Inc $\begin{array}{llr} \text { Present value of 1} &0.73119\\ \text {Present value of annulity of 1 } &2.44371\\\end{array}$

On January 1, 2010, Tran, Inc.rendered services to another company at an agreed price of $80, 000.Tran received a $20, 000 cash down payment and a note for the balance.The note was non-interest-bearing and was to be paid off in three equal installments beginning December 31, 2010.An assumed 11% interest rate is implicit in the agreement.Actual information for 11%, three periods, follows: $\begin{array}{llr} \text { Present value of 1} &0.73119\\ \text {Present value of annulity of 1 } &2.44371\\\end{array}$
What amount of interest revenue should Tran record in 2011?

A) $ 0
B) $4, 400
C) $4, 625
D) $6, 600