Proceeds from Sale of Trading Debt Securities in the amount of $36.000 under Cash Flows from investig Precederom the sale of Trading Debt Securities in the amount of $36.000 under Cash Flows from Operating Activities Question 4 2 pts On January 1, 2018, the lowa Company sold merchandise and accepted a $300,000 note receivable. The note receivable was for six years and had a 2% annual interest rate. The note had an effective interest rate of 5%. The present value of the note on January 1, 2018 was $254.319. The company has a December 31st year end and uses the effective interest rate to recognize the interest revenue on the note What amount of interest revenue should the lowa Company record for the year ended December 31, 2019 (second year)? Round your answer to the nearest dollar Question 5 The Henderson Company reported net income of $236,000 for the year ended December 31, 2019. in April 2020, the company discovered that its inventory at December 31, 2018 had been understated by $19,000 and its ending inventory at December 31, 2019 had been understated by $16,400. What should be the Henderson Company's correct net income for the year ended December 31, 2017 Watch the MacBook Pro TS