The $1,200,000note receivable is dated May 1, 2013, bears interest at9%, and represents the balance of the consideration received from the sale of Braddocks electronics division to New York Company. Principal payments of $400,000plus appropriate interest are due on May 1, 2014, 2015, and 2016. The first principal and interest payment was made on May 1, 2014. Collection of the note installments is reasonably assured.

its asking for new balance as of dec 31, 2014 and the interest revenue, and accrued interest