Brief Exercise 5-17 (Static) Calculate interest revenue on notes receivable (LO5-7) On October 1, 2024, Ogneva Corporation loans one of its employees $40,000 and accepts a 12 -month, 9% note receivable. Calculate the amount of interest revenue Ogneva will recognize in 2024 and 2025. Journal entry worksheet Record the collection of cash for the note and interest. Note: Enter debits before credits. Journal entry worksheet Brief Exercise 5-18 (Static) Record notes receivable and interest (LO5-7) On October 1, 2024, Ogneva Corporation loans one of its employees $40,000 and accepts a 12 month, 9% note receivable. Required: Record (a) lending of $40,000 cash to an employee on October 1, 2024, (b) the adjusting entry for interest on December 31,2024 , and (c) collection of cash for the note and interest on October 1, 2025, (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Brief Exercise 5-16 (Static) Calculate amounts related to interest (LO5-7) Calculate the missing amount for each of the following notes receivable