QUESTION 79 On November 1. Year 1. Salem Corporation sold land priced at 5630,000 in exchange for a 3% six-month note receivable Assuming the maker of the note defaults on May 1 Year 2. Salem will record on this date An accounts receivable in the amount of 5680,000, as well as interest expense of $10.200 An accounts receivable of $680,000 from the maker of the note An accounts receivable in the amount of 5690.200, as well as interest revenue of 56, 800 O An accounts receivable in the amount of $680,000, as well as interest revenue of 56 800