Consider the following independent scenarios. 1. On 9/1, a company accepts a $10,000, 5%, 8-month note receivable. 2. On 3/1, a company accepts a $20,000, 8%, 6-month note receivable. 3. On 6/15, a company accepts a $15,000, 10%, 4-month note receivable. Required Assuming a December 31 year end, calculate current-year interest revenue for each scenario.
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