Lionel Inc. (LI) reports under ASPE and uses the straight line method of measuring interest expense for notes receivable. On January 1, 2020, LI issued a 2 year note with a face value of $12,000 for $10,750. The stated rate is 4% and the market rate is 10%. Interest is payable every December 31st. How much interest revenue will be recorded on the December 31, 2020 payment, assuming no interest has been accrued during the year? a) $625 Ob) $1,105 c) $1,075 d) $1,250