21) On January 1, 2018, Calloway Company leased a machine to Zone Corporation. The lease qualifies as a sales-type lease. Calloway paid $240,000 for the machine and is leasing it to Zone for $34,000 per year, an amount that will return 10% to Calloway. The present value of the lease payments is $240,000. The lease payments are due each January 1, beginning in 2018. What is the appropriate interest entry on December 31, 2018? A) Cash 24,000 Interest revenue 24,000 B) Cash Interest receivable 20,600 20,600 20,600 Interest receivable Interest revenue 20,600 D Interest receivable Interest revenue 24,000 24,000