Sandhill Company closes its books on its July $31$ year$-$end. The company does not make entries to accrue for interest except at its yearend. On June $30,$ the Notes Receivable account balance is $$25,000.$ Notes Receivable include the following.

$\backslash$table$[[$Date$,$Maker,Face Value,Term,Maturity Date,Interest Rate$],[$April $21,$Coote Inc.,$$5,200,90$ days,July $20,8\%$