The Halogen Corporation issued a 5-year note payable on January 1, 2014 for $2,500. The interest rate is 5% and the annual payment of $578, due each December 31, includes both interest and principal.
Which of the following shows the effect of the December 31, 2014 payment? (Figures rounded to nearest dollar) 
Definitions:
Self-Image
An individual’s mental representation and perception of themselves, encompassing aspects like appearance, abilities, and personality traits.
Positive Mood
A state of mind characterized by optimism, happiness, contentment, or other positive emotions, influencing perception and behavior.
Persuasion
The act of convincing someone to do or believe something through reasoning or the use of temptation.
Need For Cognition
A psychological trait that describes an individual's inclination towards engaging in and enjoying thinking and analytical activities.
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