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1. Compute the amount of interest during 2021, 2022, and 2023 for the following note receivable: On May 31, 2021, Vermont State Bank loaned $200,000

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1. Compute the amount of interest during 2021, 2022, and 2023 for the following note receivable: On May 31, 2021, Vermont State Bank loaned $200,000 to Harry Stamp on a two-year, 5% note. 2. Which party has a(ni): (a) note receivable? (b) note payable? (c) interest revenue? (d) interest expense? 3. How much in total would vermont State Bank collect if Harry Stamp paid off the note early on November 30, 2021? 1. Cormpute the amount of interest during 2021, 2022, and 2023 for the following note receivable: On May 31, 2021, Vermont State Bank loaned \$200,000 to Harry Stamp on a two-year, 5\% note. (Round the interest amounts to the nearest whole dollar.) 2. Which party has a(ni): (a) note recelvable, (b) note payable, (c) interest revenue, (d) interest expense? 3. How much in total would Vermont State Bank collect if Harry Stamp paid off the note early on November 30,2021 ? (Round the interest to the nearest whole dollar.) If Harry Stamp paid off the note on November 30, 2021, the amount paid would be

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