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Blossom Co. has the following notes receivable outstanding at December 31, 2021: Issue Date Term Principal Interest Rate 1. August 31, 2021 5 months $15,600

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Blossom Co. has the following notes receivable outstanding at December 31, 2021: Issue Date Term Principal Interest Rate 1. August 31, 2021 5 months $15,600 4% 2. February 1, 2021 12 months 30,000 4% 3. October 31, 2021 6 months 7,200 5% Interest on each of the above notes is payable at maturity. CICOLICOLI COUVE LESS ay du r y Calculate the interest revenue that Blossom Co. will report on its income statement for the year ended December 31, 2021 a multiple-step income statement. (Round answer to O decimal places, .8.5.275.) Total interest revenue $ Interest Revenue is reported under other revenues on the income statement e Textbook and Media Calculate the amounts related to these notes that will be reported on Blossom Co's balance sheet at December 31, 202 (Round answers to O decimal places, e.g. 5,275) Account Presented in Balance sheet under Amount Touthook and Media

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