On May 1, Year 1, Jen Shop loaned $10,000 to Sally for one year at 6 percent interest $10,000 6%

a. What is Jen's income for year 1

b. What is Jen's total amount of receivables at December 31, year 1?

c. How will the loan and interest be reported on Jen's year 1 statement of cash flows?

d. What is Jen's interest income for year 2?

e. What is the total amount of cash that Jen will collect in year 2 from Sally?

f. How will the loan and interest be reported on Jens' year 2 statement of cash flows

g. What is the total amount of interest that Jen earned on the loan to Sally

Please show me how you get the answers cause I'm stuck on what steps to take! Thanks!