End. $9100$

$x+65,500-63900=9100$

The income statement for $2007$ included the following items: $x=7,500$

Interest revenue

Insurance expense

$$65,500$

$7,600$

The following balances have been excerpted from the company's balance sheets:

The company received $$63,900$ this year for interest. $-$ decrease

What was the balance in Interest Receivable on January $1,2007?$

a$.)$ $$7,500$

b$.$ $$74,600$

c$.$ $$65,500$

d$.$ Cannot be determined.