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4. A customer signs a note receivable for $10,000 due in 60 days with an interest rate of 7%. Calculate the amount of interest due in 60 days. A. $116.00 B. $700.00 C. $115.06 D.$116.67 QUESTION 5 5. Prepare the journal entry for the payment of principal and interest in question #4. Dr Cash 10,116; Cr Note Receivable 10,000; Cr Interest Revenue 116.00 OA B. Dr Note Receivable 10,000; Cr Interest Revenue 700 Cr Cash 10,700 C. Dr Cash 10,116.67; Cr Notes Receivables 10,000 Cr Interest Revenue 116.67 D. Dr Cash 10,115.06; Credit Note Receivable 10,000 Cr Interest Revenue 115.06