Coronado Company receives a $$16000,3-$month, $7\%$ promissory note from Wildhorse Company in settlement of an open accounts receivable. What entry will Coronado Company make upon receiving the note?

Notes Receivable

Interest Receivable

Accounts Receivable$-$Wildhorse

Company

Interest Revenue

Notes Receivable

Accounts Receivable$-$Wildhorse

Company

Interest Revenue

Notes Receivable

Accounts Receivable$-$Wildhorse

$16000$

$16000$

$280$

$16280$

$16000$

$280$

$16280$

$16280$