Marydale Products permits its customers to deter payment by giving personal notes instead of cash. All the notes bear interest and require the customer to pay the entire note in a Single payment six months after issuance. Consider the following transactions, which describe Marydale's experience with two such notes: a. On October 31. Marydale accepts a six-month, 12 percent note from customer A in lieu of a $3.000 cash payment for merchandise delivered on that day. b. On February 28, Marydale accepts a six-month, $3,100,12 percent note from customer B in lieu of a $3,100 cash payment for merchandise delivered on that day. c. On April 30, customer A pays the entire note plus interest in cash. d. On August 31, customer pars the entire note plus interest in cash Record sale Dec. 31 Interest Receivable Interest Income Record accrued interest income b. Feb. 28 Notes Receivable 3100 Sales Revenue Record sale C. Apr. 30 Cash Interest Income Interest Receivable Notes Receivable 3600 Record collection of note receivable d. Aug. 31 Cash Interest Income Notes Receivable 3100