Richmond Company made a loan of $6,000 to one of the company's employees on April 1, 2020. The one-year note carried 6% rate of interest. The amount of interes revenue that Richmond would report in 2020 and 2021, respectively would be: a) $0, $360 b) $270, $90 c) $90, $270 d) $360, $0

Richmond Company made a loan of $6,000 to one of the company's employees on April 1, 2020. The one-year note carried a 6% rate of interest. The amount of interes revenue that Richmond would report in 2020 and 2021, respectively would be: a) $0,$360 b) $270,$90 c) $90,$270 d) $360,$0