Raintree Corporation maintains its records on a cash basis. At the end of each year the companys accountant obtains the necessary information to prepare accrual basis financial statements. The following cash flows occurred during the year ended December $31,2024$:Cash receipts: From customers$ $465,000$Interest on note$2,650$Issue of common stock$50,000$Total cash receipts$ $517,650$Cash disbursements: Purchase of inventory$ $223,000$Annual insurance payment$7,000$Payment of salaries$183,000$Dividends paid to shareholders$9,000$Annual rent payment$15,000$Total cash disbursements$ $437,000$Selected balance sheet information: $12/31/202312/31/2024$Cash$ $28,000$$ $108,650$Accounts receivable$45,00076,000$Inventory$63,00088,000$Prepaid insurance$5,000?$question markPrepaid rent$7,000?$question markInterest receivable$1,325?$question markNote receivable$53,00053,000$Equipment$156,000156,000$Accumulated depreciation$(43,000)(61,000)$Accounts payable $($for inventory$)53,00068,000$Salaries payable$23,00034,000$Common stock$230,000280,000$Dividends$07,000$Additional information:On June $30,2023,$ Raintree lent a customer $$53,000.$ Interest at $5\%$ is payable annually on each June $30.$ Principal is due in $2027.$The annual insurance payment is made in advance on March $31.$Annual rent on the companys facilities is paid in advance on September $30.$RequireD: determine the foloowing balance sheet amount interest receivable, prepaid insurance $,$ prepaid rent