Brief Exercise 3-13 Calculate the ending balance of interest receivable and interest revenue (LO3-3) Midshipmen Company borrows $11,000 from Falcon Company on July 1, 2021. Midshipmen repays the amount borrowed and pays Interest of 12% (1%/month) on June 30, 2022. Required: Calculate the 2021 year-end adjusted balances of interest Receivable and Interest Revenue (assuming the balance of interest Receivable at the beginning of the year is so). Complete this question by entering your answers in the tabs below. Required Calculate the 2021 year-end adjusted balances of Interest Receivable and Interest Revenue (assuming the balance of Interest Receivable at the beginning of the year is $0). Ending Balance Interest receivable Interest revenue Required TEN