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Question 23 (2 points) Saved On October 1,2018, the Fox Co.loaned $100,000 to the American...

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Question 23 (2 points) Saved On October 1,2018, the Fox Co.loaned $100,000 to the American Girl Co. The loan has an interest rate of 12% and will be paid off in one year (all payments for principal and interest will be paid at the end of 12 months.) How much interest revenue will be reported, by the Fox Co., at year-end on December 31, 2018? $4,000 $3,000 $0; a interest revenue will be recognized when the note matures. $2,000. $12,000

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