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On Moy 1, Year 1, Benz's Sandwich Shop looned $10,000 to Mark Henry for one year at 6 percent interest. Required a. What is Benz's

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On Moy 1, Year 1, Benz's Sandwich Shop looned \$10,000 to Mark Henry for one year at 6 percent interest. Required a. What is Benz's interest income for Yoar 1 ? b. What is Bena's total amount of receivables ot December 31 , Year 1 ? c. How will the loan and interest be reported on Benz's Year 1 statement of cash flows? d. What is Benz's interest income for Year 2 ? e. What is the total amount of caih that Benr's will collect in Year 2 from Mork Henry? f. How will the loan and interest be reponted on Benz' Y Year 2 statement of cash flows? 9. What is the total amount of intereut that Benr's eamed on the loan to Mark Henry

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