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Pharoah Co. has the following notes recelvable outstanding at December 31,2024 : Interest on each of the above notes is payable at maturity: (a) Calculate

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Pharoah Co. has the following notes recelvable outstanding at December 31,2024 : Interest on each of the above notes is payable at maturity: (a) Calculate the interest revenue that Pharoah Co. will report on its income statement for the year ended becember 31.2024. Indicate where this will be presented on a multiple-step income statement. (Round answer to O decimal ploces, es. 5 ,275) Total interest revenue 5 Interest Revenue is reported under on the income statement

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