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On 31 January 2022, Gorgon Ltd invested $120,000 in a 2-year fixed term deposit earning 3% p.a. Interest is paid quarterly and Gorgon Ltd received

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On 31 January 2022, Gorgon Ltd invested \$120,000 in a 2-year fixed term deposit earning 3\% p.a. Interest is paid quarterly and Gorgon Ltd received the interest it was due on 30 April 2022. Required Calculate, to the nearest whole dollar, the amount of accrued revenue Gorgon Ltd would recognise at 30 June 2022

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