The Miami Insurance Agency received the following notes during 2014: (Click to view the notes received.) Requirements 1. Identifying each note by number, compute the total interest on each note over the note term using a 360-day year, and determine the due date and maturity value of each note. Round interest calculations to the nearest dollar. 2. Journalize a single adjusting entry on December 31,2014, to record accrued interest revenue on all three notes. Round interest calculations to the nearest dollar. Explanations are not required 3. For note1) journalize the collection of principal and interest at maturity. Explanations are not required Due date Note Month/Day Year Interest Dec 23 Mar 30 Feb 5 2015 $ 2015 2015 2,310 217 60 Maturity value 23,310 13,217 4,060 Requirement 2. Journalize a single adjusting entry on December 31,2014, to record accrued interest revenue on all three notes Round interest calculations to the nearest dollar. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries. Calculate accrued interest on each note using the number of days between the issuance of the note and the end of the period, December 31,2014. Use a 360-day year.) Journal Entry Accounts Debit Credit 2014 Dec 31 Interest receivable Interest revenue