Enter the principal amount, interest rate, and number of days of interest to be recorded for each note. Verify that total interest revenue agrees with the trial balance.

The following selected transactions are from Ohlm Company. 2014 Dec. 16 Accepted a $10,800, 60-day, 8% note dated this day in granting Danny Todd a time extension on his past-due account receivable. 31 Made an adjusting entry to record the accrued interest on the Todd note. 2015 Feb. 14 Received Todd's payment of principal and interest on the note dated December 16. Mar. 2 Accepted a $6,100, 8%, 90-day note dated this day in granting a time extension on the past-due account receivable from Midnight Co. 17 Accepted a $2,400, 30-day, 7% note dated this day in granting Ava Privet a time extension on her past-due account receivable. Apr. 16 Privet dishonored her note when presented for payment. May 31 Midnight Co. refuses to pay the note that was due to Ohlm Co. on May 31. Prepare the journal entry to charge the dishonored note plus accrued interest to Midnight Co.'s accounts receivable. July 16 Received payment from Midnight Co. for the maturity value of its dishonored note plus interest for 46 days beyond maturity at 8%. Aug. 7 Accepted a $7,450, 90-day, 10% note dated this day in granting a time extension on the past-due account receivable of Mulan Co. Sept. 3 Accepted a $2,100, 60-day, 10% note dated this day in granting Noah Carson a time extension on his past-due account receivable. Nov. 2 Received payment of principal plus interest from Carson for the September 3 note. Nov.5 Received payment of principal plus interest from Mulan for the August 7 note. Dec. 1 Wrote off the Privet account against Allowance for Doubtful Accounts. Ohlm Co. $ 21,313 3.0 % 2 $ 4 $ 2,131 12.0% 90 $ 64 $ 2,700 7.01% 30 Calculation of interest revenue February 14 - Todd note: Principal Interest rate Number of days' interest to be recorded in 2015 Principal x rate x days/360 = March 2 - Midnight note: Principal Interest rate Number of days' interest to be recorded in 2015 Principal x rate x days/360 = March 17 - Privet note: Principal Interest rate Number of days' interest to be recorded in 2015 Principal x rate x days/360 = August 7 - Mulan note: Principal Interest rate Number of days' interest to be recorded in 2015 Principal x rate x days/360 = May 31 - Midnight receivable: Principal Interest rate Number of days' interest to be recorded in 2015 Principal x rate x days/360 = September 3 - Carson note: Principal Interest rate Number of days' interest to be recorded in 2015 Principal x rate x days/360 = $ 16 $ 7,500 12.0% 90 $ 225 $ 12,313 42.01% 1 $ 14 $ 21,313 2.0 % 323 $ 382 Total interest revenue - 2015 $ 705