Rosewood Company made a loan of $7000 to one of the company's employees on April 1, Year 1 . The one-year note carried a 6% rate of interest. Rosewood Company's fiscal year-end is December 31. What is the amount of interest revenue that Rosewood would report in Year 1 and Year 2, respectively? $105 in Year 1 and $315 in Year $420 in Year 1 and $0 in Year 2 $0 in Year 1 and $420 in Year 2 $315 in Year 1 and $105 in Year 2