Calculate the balance in the Interest Receivable and Notes Receivable accounts at September 30, 2018

Canarie Corporation adjusts its books monthly. On September 30,2018, notes receivable include the following: Maker Principal Interest Term Issue Date Mar. 31, 2018 RES Inc. May 31, 2018 Ihara Ltd $15,800 7% 7months 19,600 4% 18months Aug. 31, 2018 Dragon Limited 4,800796 2months 20,500 6% 16months Sept. 30, 2018 MGH Corp Interest is due at maturity for the RES and Dragon notes. Interest is due on the first day of the month for the Ihara and MGH notes. At September 30, the balance in the Allowance for Doubtful Notes account is nil. In October, the following selected transactions were completed. Oct. 1 31 31 31 31 Received the interest due from Ihara. Received notice that Dragon was unable to pay its note as scheduled. It expects to be able to pay in the future The RES note matured and was received in full. Accrued interest on the Ihara and MGH notes. Analyzed the remaining notes for collectibility. Estimated that $19,600 of notes may not be collectible in the future because of significant labour issues currently being experienced by Ihara