Kitimat Corporation adjusts its books monthly. On November 30, 2015, notes receivable include the following:

Interest is due at maturity for the Kootenay and Namu notes. Interest is due on the first day of each month for the Cassiar and Siska notes. At November 30, the balance in the Allowance for Doubtful Notes account is nil. In December, the following selected transactions were completed.
Dec. 1 Received the interest due from Cassiar and Siska.
31 Received notice that Namu was unable to pay its note as scheduled. It does not expect to be able to pay in the future.
31 The Kootenay note matured and was received in full.
31 Accrued interest on the Cassiar and Siska notes.
31 Analyzed the remaining notes for collectibility. Estimated that $20,000 of notes may not be collectible in the future because of significant economic issues currently being experienced by Siska.
Instructions
(a) Calculate the balance in the Interest Receivable and Notes Receivable accounts at November 30, 2015.
(b) Record the December transactions. Round calculations to the nearest dollar.
(c) (1) Prepare T accounts for the Interest Receivable, Notes Receivable, and Allowance for Doubtful Notes accounts, (2) enter the opening balances, (3) post the entries recorded in part (b), and (4) determine the ending balances.
(d) Show the statement of financial position presentation of the receivables accounts at December 31.

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Maker Kootenay Inc. Casslar Ltd. Namu Limited Siska Corp. PrincipalInterest Issue Date Mar. 31, 2015 May 31, 2015 Aug. 31, 2015 Sept. 30, 2015 $17,000 15,000 6,000 20,000 6% 4% 7% 5% Term 9 months 18 months 4 months 16 months