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Required information The following information applies to the questions displayed below.) Husemann Co.'s assets include notes receivable from customers. During fiscal 2019, the amount of

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Required information The following information applies to the questions displayed below.) Husemann Co.'s assets include notes receivable from customers. During fiscal 2019, the amount of notes receivable averaged $525,000, and the interest rate of the notes averaged 4.2%. Required: 0-1. Calculate the amount of interest revenue earned by Husemann Co. during fiscal 2019. Amount Required information [The following information applies to the questions displayed below.) Husemann Co's assets include notes receivable from customers. During fiscal 2019, the amount of notes receivable averaged $525,000, and the interest rate of the notes averaged 4.2%. b-1. If the balance in the Interest Receivable account increased by $6,400 from the beginning to the end of the fiscal year, how much Interest receivable was collected during the fiscal year? Amount

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