Revise your calculations based the new information provided below and then answer the questions that follow. A company lends $342,000 to an owner and accepts a three year, 7% note in return. The note was issued on June 1 st of the current year, and will be due on June 1st of the final year of the note. Required information Record the receipt of cash on account of 7% note receivable. Note: Enter debits before credits