Please answer the second part of the question (interest calculations of last journal account) and explain. Thank you! Disregard the first part of the question if you would like.

SupplyCo. had these transactions related to notes receivable during the last 2 months of the ye The company only makes entries to accrue interest at Dec 31. Nov01 ... Loaned $60,000 cash to C. Bohr on a 12-month, 7% note. Dec11 .. Sold goods to Pine, Inc., receiving a $3,600, 90-day, 8% note. Dec16 ... Rec' a $12,000, 180-day, 9\% note to settle an open acct recbl from A. Murdock. Dec31 ... Accrued interest revenue on all notes receivable. Show your calculations for each of the three customers to get the total amount of the interest revenue Instructions Show your interest revenue calculations for the last journal entry amount (below) \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Calculation of interest } & Annualinterest & "Times"daysormonths & Interestamount \\ \hline Bustomer & Principal & 7% & 2/12 months & \\ \hline Pine's Note & 3,600 & 8% & 20/365days & \\ \hline Murdocks Note & 12,000 & 9% & 15/365days & \\ \hline \multicolumn{4}{|c|}{ Total Interest Revenue for the Dec 31 entry (above) } & \\ \hline \multicolumn{2}{|c|}{ FYI: You can round UP your interest total OR leave it in dollars AND cents. } \\ \hline \end{tabular}