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Seifert Supply Company sold merchandise to a customer on December 1, 2020 for $100,000. The transaction resulted in recording a note receivable with a term

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Seifert Supply Company sold merchandise to a customer on December 1, 2020 for $100,000. The transaction resulted in recording a note receivable with a term of 6 months and an annual interest rate of 9%. The company's accounting period ends on December 31, 2020. What amount should Seifert Supply Company recognize as interest revenue on the note receivable on December 31, 2020? A. $1,500 B. $0 C. $9,000 D. $750

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