Question 2 Morton Company had the following select transactions. Apr. 1, 2020 Accepted Remington Company's 1-year, 12% note in settlement of a $25,000 account receivable. July 1, 2020 Loaned $15,000 cash to Jenny Green on a 9-month, 10% note. Dec. 31, 2020 Accrued interest on all notes receivable. Apr. 1, 2021 Received principal plus interest on the Remington note. Apr. 1, 2021 Jenny Green dishonored its note: Morton does not expect collection Question 2 Morton Company had the following select transactions. Apr. 1, 2020 Accepted Remington Company's 1-year, 12% note in settlement of a $25,000 account receivable. July 1, 2020 Loaned $15,000 cash to Jenny Green on a 9-month, 10% note. Dec. 31, 2020 Accrued interest on all notes receivable. Apr. 1, 2021 Received principal plus interest on the Remington note. Apr. 1, 2021 Jenny Green dishonored its note: Morton does not expect collection