1 7 points On May 1 Year 1. Benz's Sandwich Shop loaned $14,000 to Mark Herity for one year at 8 percent interest. Required o. What is Benz's interest income for Year 1? b. What is Benz's total amount of receivables at December 31, Year 1? c. How will the loan and interest be reported on Benz's Year 1 statement of cash flows? d. What is Benz's interest income for Year 2? le. What is the total amount of cash that Benz's will collect in Year 2 from Mark Henry? E. How will the loan and interest be reported on Benz's Year 2 statement of cash flows? g. What is the total amount of interest thut Benz's earned on the loan to Mark Henrya (For all requirements, round your answers to the nearest dollar omount.) Pent References Interest income b Receivables derest income Cash 1 9 Interest earned