Carla Vista Co. has three outstanding notes receivable at its December 31,2024, fiscal year end....

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Accounting

Carla Vista Co. has three outstanding notes receivable at its December 31,2024, fiscal year end.
For each note, calculate (a) total interest revenue, (b) interest revenue to be recorded in 2024, and
(c) interest revenue to be recorded in 2025.(Round answersto 0 decimal places, e.g.5,275.)
Issue Date Term Principal Interest Rate
1. August 31,20249 months $15,6006%
2. November 1,20246 months 43,2008%
3. October 1,202415 months 32,4007%
Note (a) Total Interest (b) Interest 2024(c) Interest 2025

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