tDecember 31 year-end, Club Corporation has an $8,700 note receivable from a customer. Interest of 8% has accrued for 3 months on the note. What will Club's financial statements report for this situation at December 31? Q A. Nothing because the business has not received t cash yet. income statement will report a note receivable of 5 e 200 and interest receivable of $174 The The balance sheet will report the note receivable of $8 700