Exercise 8-12 Vandiver Company had the following select transactions. Apr. 1, 2017 July 1, 2017 Dec. 31, 2017 Apr. 1, 2018 Apr. 1, 2018 Accepted Goodwin Company's 12-month, 12% note in settlement of a $30,000 account receivable Loaned $25,000 cash to Thomas Slocombe on a 9-month, 10% note. Accrued interest on all notes receivable Received principal plus interest on the Goodwin note Thomas Slocombe dishonored its note; Vandiver expects it will eventually collect