15) Leaf Co. sold equipment at a price of $19,485 to Oak Co. in return for a 5-year tiote that required five equal annual payments of $5,009. An interest of 9% is implied in this note. What is the total interest revenue earned by Leaf over the life of this note? (Hint: no interest table is required to answer this question). $5,045 b. $5,560 $8,000 $9,000 . . d. 16) On January 1, 201 7, West Co. lent $600,000 in exchange for an $800,000 zero-interest-bearing note due on January 1, 2020. The implied rate of interest was 10%. What amount of interest revenue should West recognize on December 31, 2018? a. $0 b. $60,000 c. $66,000 d. $80,000