A company receives interest on a $90,000, 8%, 5-year note receivable each April 1. At December 31, 2020, the following adjusting entry was made to accrue interest receivable:

Interest Receivable...............................................................5,400

Interest Revenue......................................................5,400

Assuming that the companydoesuse reversing entries, what entry should be made on April 1, 2021 when the annual interest payment is received?

Cash....................................................................................................1,800

Interest Revenue ......................................................1,800

Cash....................................................................................................5,400

Interest Revenue.........................................................................................5,400

Cash .............................................................7,200

Interest Receivable..................................................5,400

Interest Revenue.....................................................1,800

Cash....................................................................................................7,200

Interest Revenue.........................................................................................7,200