Following are selected transactions for Vitalo Company.

Nov.		1		Accepted a $5,000, 180-day, 8% note dated November 1 from Kelly White in granting a time extension on her past-due account receivable.
Dec.		31		Adjusted the year-end accounts for the accrued interest earned on the White note.
Apr.		30		White honored her note when presented for payment; February has 28 days for the current year.

Complete the table to calculate the interest amounts at December 31^st and April 30^th and use those calculated values to prepare your journal entries (assume that no reversing entries are recorded). (Do not round intermediate calculations. Use 360 days a year.)

November 1 January 1 Total Through Through Through Maturity December 31 April 30 5,000 $ 5,000 $ 5,000 8% 8% 8% 180/360 60/360 120/360 Principal Rate(%) Time Total interest X 1 Accepted a $5,000, 180-day, 8% note dated November 1 from Kelly White in granting a time extension on her past-due account receivable. Adjusted the year-end accounts for the accrued interest earned on the White note. 3 White honored her note when presented for payment; February has 28 days for the current year. Assume no reversing entries were made on January 1. No Date Debit Credit Nov 01 General Journal Notes receivableK. White Accounts receivableK. White 5,000 5,000 2 Dec 31 Interest receivable Interest revenue 3 Apr 30 Cash Notes receivableK. White Interest revenue Interest receivable