Please answer those two question, if not then don't do it because i will thumb down for not answering 1&2.

1.

2

y

On January 1, 2021, the Apex Company exchanged some shares of common stock it had been holding as an investment for a note receivable. The note principal plus interest is due on January 1, 2022. The 2021 income statement reported $3,630 in interest revenue from this note and a $7,300 gain on sale of investment in stock. The stock's book value was $29,000. The company's fiscal year ends on December 31 Journal entry worksheet