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Record tho following note receivable transactions in the joumal of Tower Realty. How much interest rovonue did Towor earn this year? Use a 365-day year

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Record tho following note receivable transactions in the joumal of Tower Realty. How much interest rovonue did Towor earn this year? Use a 365-day year for interest computations, and round interest amounts to the nearest dollar. (Click icon to view the transactions.) Oct 1: Loaned \$47,000 cash to Fredrek Co, on a one-year, 7% note. (Enter debits first, then credits. Explanations are not required.) Nov 3: Performed service for Jackson Corporation, receiving a 90-day, 8.5\% note for $14.000 More info Oct 1 Loaned $47,000 cash to Fredrek Co. on a one-year, 7% note. Nov 3 Performed service for Jackson Corporation, receiving a 90-day, 8.5\% note for $14,000. Dec 16 Received a \$7,000, six-month, 13.5\% note on account from Ashton, Inc. Dec 31 Accrued interest revenue for the year

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