Rex Corporation accepted an $8,500,5% interest bearing note from Brooks Inc. on December 1 of the current year in exchange for machinery with a list sales price of $8,000. The note is payable on December 1 , three years later. If the prevailing interest rate is 8%, what revenues should Rex report in its income statement for the year ended December 31 of the current year? Use Excel or a financial calculator for the computations. Do not round until final answers. Round answers to the nearest dollar. Sales revenue $ Interest income $