On November 1st this year, Jasper Company loaned Lakeland Company $150,000 at a 5% annual interest rate by issuing an 8-month note. The note receivable plus interest will not be collected until next year. Jasper's annual accounting period ends on December 31st. The amount of interest revenue that should be reported this year is $500.00 $1,000.00 $1,250.00 $1,500.00