Question 11 Not yet answered Marked out of 1.00 On May 25, Bush Co. received a $25,000, 2-month, 6% note from Bolt Company in settlement of an account receivable. On July 25, Bush Co. received payment on the Bolt note. Assuming that the end of the year is 31 December How much is the interest ............ on July 25? Select one: a. Interest receivable $1,500 b. Interest revenue $1,500 c. Interest revenue $250 d. Interest receivable $250