Exercise 5-17 (Algo) Record notes recoivable and interest revenue (LO5-7) hurting Washenow's businest. The supplier explains that it thas a temporary lack of funds that is slowing its production cyele. Woshtenaw agrnes to lend $420.000 to its supplier using a 12 imonth, 12% note. Pequiled: Rocord the following varsactions for Washitenaw Corporation? 1. The laan of $420.000 and occeptance of the note receivable on Apr 1, 2024, 2. The exfunting entry for accued interest on December 31, 2024. 3. Cath collection of thy note and interest on Apmil 1,2025