A company receives interest on a $104000, 10%, 5-year note receivable each April 1. At December 31, 2017, the following adjusting entry was made to accrue interest receivable: Interest Receivable 8320 Interest Revenue 8320

Assuming that the company doesnotuse reversing entries, what entry should be made on April 1, 2018 when the annual interest payment is received? Cash 10400 Interest Revenue 10400 Cash 8320 Interest Receivable 8320 Cash 10400 Interest Receivable 8320 Interest Revenue 2080 Cash 2080 Interest Revenue 2080