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Blossom Co. has the following notes receivable outstanding at December 31, 2021: Issue Date 1. August 31, 2021 2. February 1, 2021 3. October 31,

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Blossom Co. has the following notes receivable outstanding at December 31, 2021: Issue Date 1. August 31, 2021 2. February 1, 2021 3. October 31, 2021 Term 5 months 12 months 6 months Principal $16,800 33,600 9,600 Interest Rate 5% 5% 6% Interest on each of the above notes is payable at maturity. Calculate the interest revenue that Blossom Co. will report on its income statement for the year ended December 31, 2021. Indicate where this will be presented on a multiple step income statement. (Round answer to decimal places, eg. 5,275) Total interest revenue $ on the income statement Interest Revenue is reported under Calculate the amounts related to these notes that will be reported on Blossom Co's balance sheet at December 31, 2021 Indicate where they will be presented. (Round answers to decimal places, es. 5.275.) Account Presented in Balance sheet under Amount $ $ e Textbook and Media Attempts of 3 used Submit Answer Save for Later 19 PM

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