On June 1, 2020, Vaughn Manufacturing loaned Cullumber $526000 on a 12% note, payable in five annual installments of $105200beginning January 2, 2021. In connection with this loan, Cullumber was required to deposit $5260 in a zero-interest-bearing escrow account. The amount held in escrow is to be returned to Cullumber after all principal and interest payments have been made. Interest on the note is payable on the first day of each month beginning July 1, 2020. Cullumber made timely payments through November 1, 2020. On January 2, 2021, Vaughn received payment of the first principal installment plus all interest due. At December 31, 2020, Vaughn's interest receivable on the loan to Cullumber should be

$0.

$10520.

$5260.

$15780.