On November 1, Kotler Company accepted a 3-month note receivable as payment for services provided to Norman Company. The face value of was $8,000 face value, and had a stated 6% annual rate of interest. Kotler Company closed its books on December 31. On February 1, the journal entry to record the collection of the note should include a credit to: Answer A. Interest Revenue for $120 B. Interest Revenue for $40 C. Notes Receivable for $8,120 D. Interest Receivable for $120