1. Compute the amount of interest during 2018, 2019, and 2020 for the following note receivable: On May 31, 2018, Wisconsin State Bank loaned $180,000 to John Jones on a two-year, 6% note. 2. Which party has a(n): (a) note receivable? (b) note payable? (c) interest revenue? (d) interest expense? 3. How much in total would Wisconsin State Bank collect if John Jones paid off the note early on November 30, 2018? 1. Compute the amount of interest during 2018, 2019, and 2020 for the following note receivable: On May 31, 2018, Wisconsin State Bank loaned $180,000 to John Jones on a two-year, 6% note. (Round the interest amounts to the nearest whole dollar.)