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Assume that Nike sold goods to Dick's Sporting Goods for $70,000 on May 1, 2020 in exchange for a $70,000, 1-year, 6% note. Nike records

Assume that Nike sold goods to Dick's Sporting Goods for $70,000 on May 1, 2020 in exchange for a $70,000, 1-year, 6% note. Nike records its necessary adjusting journal entries on Dec. 31, 2020. When the note matures on April 30, 2021, how much total cash will Nike collect?

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