Try another version of these questions A table of notes receivable for 2020 follows: For each of the notes receivable, compute the amount of interest revenue earned during 2020. Round to the nearest dollar. Runway Company has a six-month $25,900, 6% note receivable from Breezy Winters signed on June 1, 2020. Breezy Winters defaults on the loan on December 1. Journalize the entry for Runway Company to record the default of the loan. Notes Principal Interest Rate Period Note 1 $25,900 4% 4 months Note 2 $8,300 6% 210 days Note 3 $30,400 13% 330 days Note 4 $103,000 10% 4 months Notes Principal Interest Rate Interest Period Interest Revenue Earned Note 1 4/12 Note 2 210/360 Note 3 330/360 Note 4 4/12 Notes Principal Interest Rate Interest Period Interest Revenue Earned Note 1 25,900 4 4/12 345 Note 2 8,300 6 210/360 291 Note 3 30,400 13 330/360 3623 Note 4 103,000 10 4/12 3433 Date Description Debit Credit December 1 December 1 December 1 Date Description Debit Credit December 1 A/R 26,677 December 1 Notes Receivable 25,900 December 1 Interest Revenue 777