On November 1, 2017, Salem Corporation sold land priced at $1,000,000 in exchange for a 6%, six-month note receivable. On May 1, 2018 (maturity date), the note is collected in full by Salem Corporation. Assuming a fiscal year-end of December 31, Salem recognizes which of the following in its income statement for 2018 with regard to this note? Multiple Choice $1,030,000 sales revenue. $30,000 interest revenue. $20,000 interest revenue. $10,000 interest revenue.