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Question 3 of 5 View Policies Current Attempt in Progress Cullumber Co. has the following notes receivable outstanding at December 31, 2021: Issue Date 1.

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Question 3 of 5 View Policies Current Attempt in Progress Cullumber Co. has the following notes receivable outstanding at December 31, 2021: Issue Date 1. August 31, 2021 2. February 1, 2021 3. October 31, 2021 Term 5 months 12 months 6 months Principal $12,000 32,400 8,400 Interest Rate 4% 4% 5% Interest on each of the above notes is payable at maturity. Calculate the interest revenue that Cullumber Co. will report on its income statement for the year ended December Indicate where this will be presented on a multiple-step income statement. (Round answer to O decimal places, eg. 5,27= Total interest revenue $ Interest Revenue is reported under on the income statement e Textbook and Media Question 3 of 5 Calculate the interest revenue that Cullumber Co. will report on its income statement for the year ended December 31, 2021. Indicate where this will be presented on a multiple-step income statement. (Round answer to decimal places, eg. 5,275.) Total Interest revenue $ Interest Reveryone is reported under on the income statement eTextbook and Media Question Part Score -44 Calculate the amounts related to these notes that will be reported on Cullumber Co's balance sheet at December 31, 2021 Indicate where they will be presented (Round answers to decimal places, es 5,275) Account Presented in Balance sheet under Amount 5 $

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