On July 1, 2021, a company loans one of its employees $29,000 and accepts a ten-month, 7% note receivable Calculate the amount of interest revenue the company will recognize in 2021 and 2022. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) 2021 2022 Amount of interest revenue Assume the following scenarios. Scenario 1. During 2021, Makers Consulting provides services of $100,000. The company receives an initial payment of $75,000 with the balance to be received the following year. Scenario 2. People-R-Us typically charges $75 for a one-year subscription. On January 1, 2021. Georgette, age 72. purchases a one- year subscription to the magazine and receives a 20% senior citizen discount Scenario 3. During 2021, Waste Control provides services on account for $15,000. The customer pays for those services in 2022 Scenario 4. During 2021, Tasty Foods sells grocery items to one of its customers for $125,000 on account Cash collections on those sales are $80,000 in 2021 and $30,000 in 2022. The remaining $15,000 is written off as uncollectible in 2022 Required: For each scenario, calculate the amount of revenue to be recognized in 2021 Revenue recognized in 2021 Scenario 1 Scenario 2 Scenario 3 Scenario