by december 31 2023 grouper corp had performed a significant amount of enviroment consulting services for sheridan Ltd sheridan was short of cash and grouper agreed to accetp a 225500 non interest bearing note due december 31 2025 as payment in full. sheridan is a bit of a credit rish and typically borrows funds at a rate of 15% Grouper is much more creditworthy and has various lines of credit at 8% grouper reports under IFRS. the table in this problem are be used as a reference for this problem. click here for view the factor table present value 1 click here to view the factor table present value of an annuity of 1 Assume instead that grouper reports under ASPE and uses the straight-line method to amortize the discount on the note. What would the interest income be relating to the notes for 2024 and 2025 interest

interest income for 2024-

interest income for 2025-