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It is April 1, 2015, the first business day of the month. All of the company's accounting work has been completed through the end of

It is April 1, 2015, the first business day of the month. All of the company's accounting work has been completed through the end of March, 2015. Stake Technology Inc.'s year end is April 30.

This is a 7% note due March 15, 2019 with interest collectible on the 15th of each month. Refer to the collection schedule below for the note details. Values in schedule have been rounded for convenience.

Q: On the Balance Sheet on April 30, 2015, what is the amount of Notes Receivable, Current Portion to be reported in the current assents part?

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Notes Receivable Collection Schedule: Period Ending Collection Principal Interest Balance March 15, 2015 55,000 April 15, 2015 1,317 996 321 54,004 May 15, 2015 1,317 1,002 315 53,002 June 15, 2015 1,317 1,008 309 51,994 July 15, 2015 1,317 1,014 303 50,980 August 15, 2015 1,317 1,020 297 49,960 September 15, 2015 1,317 1,026 291 48,934 October 15, 2015 1,317 1,032 285 47,902 November 15, 2015 1,317 1,038 279 46,864 December 15, 2015 1,317 1,044 273 45,820 January 15, 2016 ........ 1,317 1,050 267 44,770 February 15, 2016 1,317 1,056 261 43,714 March 15, 2016 1,317 1,062 255 42,652 April 15, 2016. 1,317 1,068 249 41,584 January 15, 2019 1,317 1,294 23 2,611 February 15, 2019 1,317 1,302 15 1,309 March 15, 2019 1,317 1,309 8 0 63,216 55,000 8,216

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