Absolute Appliances The company sold merchandise to a customer on December 1, 2019 for $120,000. The company accepted a promissory note as payment. The note has a term of three Refer to Absolute Appliances. What amount should the company recognize as interest revenue on December 31, 20197 O $11,000 O $12.000 Od. $1,000 The company accepted a promissory note as payment. The note has a term of three months and an annual interest rate of 10%. The company's accounting period ends on December 31. venue on December 31, 20197