Olsen Company paid or collected during 2020 the following items: Insurance premiums paid $ 30,800 Interest collected 69,800 Salaries paid 280,400 The following balances have been excerpted from Olsen's balance sheets: December 31, 2020 December 31, 2012 Prepaid insurance $ 2,400 $ 3,000 Interest receivable 7.400 5.800 Salaries and wages payable 24.600 21,200 Compute the amount of interest revenue on the income statement for 2020. Emma ann Interest receivable at 1/1/20 was $1,000. During 2020 cash received from debtors for interest on outstanding notes receivable amounted to $5,000. The 2020 income statement showed interest revenue in the amount of $8,400. Compute accrued interest revenue on Dec. 31st, 2020