Roper Electronics received its bank statement from Northern Regional Bank for the month of August with a balance of $11,740.00 as of August 31.

Northern Regional Bank also collected a $5,000.00 notes receivable from Roper Electronic's customer on August 1. The customer owed interest on the receivable for the period March 1 to August 1 at 12% annual interest. Northern Regional Bank charged a $35.00 fee for the collection service.The bank statement reveals a bank service charge of $20.00. A customer check for $68.00 was returned with the bank statement marked NSF. None of the transactions described in this paragraph have been recorded by Roper Electronics on its general ledger.

Roper Electronics determined that check #613 for $155.00 and check #601 for $420.00 were both outstanding. A $6,900 deposit made on August 30 was outstanding as of the end of the month. The ending balance of the Roper cash account is $12,938.00.

In the space below, record the journal entry for the interest earned on the $5,000 note receivable that the bank collected from the customer.