19 On November 1, Jasper Company loaned another company $250,000 at a 12% interest rate. The note receivable plus interest will not be collected until March 1 of the following year. The company's annual accounting period ends on December 31, The amount of interest revenue that should be reported in the first year is: 8 00:55:14 Multiple Choice $6,875 $20,100 $5.000 $8.200 a $0