Can someone please explain the math I need to do for this problem? Thank you.

Accrued Interest Receivable The following is a list of outstanding notes receivable as of December 31, 20- Maker Date of Note Principal Interest Term No. of Days K.Savelin 12/15-" $1,400 5% 60days 16 R. Hillier 12/3/ 4,500 B. Miranda 11/302,500 8 R. Hansen 11/18-7,600 Req uired: 90 90 120 28 31 43 1. Compute the accrued interest at the end of the year Round interim calculations and final answer to the nearest cent. Assume 360 days in a year 306 X Chack My Wrk 2. Prepare the adjusting entry in the general journal. Enter amounts to the nearest cent. If an amount box does not require an entry, leave it blank DOC POST NO. REF DATE ACCOUNT TITLE DEBIT 20" Dec. 31 Accrued Interest Receivable 306.50X Interest Revenue 0650X 2 Chock My Wor The journal entry involves an increase in accrued interest receivable and interest revenue. Check My Work Partialy correct 2 more Check My Work uses remaining