On January 1, 2021, Calloway Company leased a machine to Zone Corporation. The lease qualifies as a sales-type lease. Calloway paid $330,000 for the machine and is leasing It to Zone for $38,000 per year, an amount that will return 11% to Calloway. The present value of the lease payments is $330,000. The lease payments are due each January 1, beginning in 2021. What is the appropriate Interest entry on December 31, 2021? Multiple Choice O cash 32, 120 Interest receivable 32, 120 O Interest receivable 32, 120 Interest revenue 32, 128 O cash 36,300 Interest revenue 36,300 O Interest receivable 36,300 Interest revenue 36,300