On November 1, 2010, Salem Corporation sold land priced at $900,000 in exchange for a 6%, six-month note receivable. 3. Salem's balance sheet at December 31, 2010 includes which of the following as a result of the sale of land on November 1? Notes Receivable of $900,000 and Interest Receivable of $9,000. Notes Receivable of $927,000 and Interest Receivable of $9,000. Notes Receivable of $900,000 only. Notes Receivable of $900,000 and Interest Receivable of $27,000. Accounting Comments You commented PLS READ MISSING INFO: On November 1, 2010, Salem Corporation sold land priced at $900,000 in exchange for a 6%, six-month note receivable