On June 1, 2017, Kevin Co loaned an employee $24,000 for 9 months. The employee signed a note. The annual interest rate on the note will be 7%. The employee will pay the principal in and interest when it comes due in 2018. What is the interest revenue Kevin Co will recognize in 2017? $____ -------------------------------------------------------------------------------------------------------- At the beginning of Year 3 Randall Company had a $10,660 balance in its accounts receivable account and a $1,000 balance in allowance for doubtful accounts. During Year 3, Randall experienced the following events. (1) Randall earned $28,380 of revenue on account. (2) Collected $15,580 cash from accounts receivable. (3) Wrote-off $720 of accounts receivable as uncollectible. Randall estimates uncollectible accounts to be 3% of receivables. Based on this information, the December 31, Year 3 the ending balance in the allowance for doubtful accounts account (balance after expense recognition) is $_________