Accrued Interest Receivable The following is a list of outstanding notes receivable as of December 31, 20-- Date of Note Principal Interest Maker Term No. of Days K. Savelin R. Hillier 12/15/-- 12/3/-- $1,500 5% 60 days 16 4,500 6 90 28 B. Miranda 11/30/-- 2,400 8 90 31 R. Hansen 11/18/ 8,400 120 43 Required: 1. Compute the accrued interest at the end of the year. Round interim calculations and final answer to the nearest cent. Assume 360 days in a year. 2. Prepare the adjusting entry in the general journal. Enter amounts to the nearest cent. If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 20-- Dec. 31 1 2 3