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Required information Use the following information for the Exercises 18 -19 below. (Algo) [The following intormation applies to the questions displayed beiow.] Following are transactions

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Required information Use the following information for the Exercises 18 -19 below. (Algo) [The following intormation applies to the questions displayed beiow.] Following are transactions of Danica Company. Decenber 13 socepted a $28,000,45day,10 note in granting Miranda Lee a tine extenaion on ber paot-due account recelvable. December 31 prepared an adjubting entry to record the acerued interest on the Lee note. Exercise 918 (Algo) Notes receivable transactions LO C2 Complete the table to caiculate the interest amounts at December 31st and use the calculated value to prepare your journal entries Note: Do not round your intermediate calculations. Use 360 days a year. Complete this question by entering your answers in the tabs below. Complete the table to calculate the interest amounts at December 31st

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