Ranking, Inc. sold $120,000 of goods and accepted the customer's $340,000 10%, 1-year note in exchange. Assuming 10% approximates the market rate of return, how much interest revenue would be recorded for the year ending December 31 if the sale was made on June 30? 34,000 306,000 17,000 Question 10 (1 point) Janice, Inc factors $8,000,000 of its accounts receivables with recourse for a finance charge of 45. The finance company retains an amount equal to 10% of the accounts receivable for possible adjustments o RI ligo to 144 prt sc delet ( 36 5 6 7 8 9 O T backs { } T Y O [ ]