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Ayayai Company had the following selected transactions. Apr. 1 , 2 0 2 2 Accepted Goodwin Company's 1 2 - month, 1 4 % note

Ayayai Company had the following selected transactions.
Apr. 1,2022 Accepted Goodwin Company's 12-month, 14% note in settlement of a $93,600 account receivable.
July 1,2022 Loaned $95,600 cash to Thomas Slocombe on a 9-month, 12% note.
Dec. 31,2022 Accrued interest on all notes receivable.
Apr. 1,2023 Received principal plus interest on the Goodwin note.
Apr. 1,2023 Thomas Slocombe dishonored its note; Ayayai expects it will eventually collect. problem.)
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