Cullumber Financial Services loaned Sharp Inc. $110,000 cash in exchange for a one-year, 4% note on July 1, 2021. Interest is payable quarterly beginning on October 1, 2021. Cullumber has a December 31 year end and records adjusting entries annually.

Indicate what amounts will be reported on Cullumber's December 31, 2021, balance sheet related to the note receivable. Interest receivable Note receivable