The notes receivable held by the tuttle company on August 3, 2019 are summarized below and August 4, 2019 tuttle just got it all of these notes at Community Bank and trust at a discount rate of 10%

required: compute the net proceeds received from discounting each note

analyze: what is the net interesting, or expenses to be reported from these transactions assuming all notes are paid when due?

The notes receivable held by the Tuttle Company on August 3, 2019, are summarized below. On August 4, 2019, Tuttle discounted all of these notes at Community Bank and Trust at a discount rate of 10 percent. Note No. interest Rate 8% 31 Date Apr 4, 2019 June 11, 2019 July 31,2019 Face Amount $34,000 16,800 14,400 Period 6 months 120 days 60 days 32 6% 10% Required: Compute the net proceeds received from discounting each note. Analyze: What is the net interest income or expense to be reported from these transactions assuming all notes are paid when due? Complete this question by entering your answers in the tabs below. Analyze: What is the net interest income or expense to be reported from these transactions assuming Complete this question by entering your answers in the tabs below. Net Proceeds Analyze Compute the net proceeds received from discounting each note. (Use 360 days a year. Do not ro and round your final answers to 2 decimal places.) Net Proceeds Note 31 Note 32 Note 33 complete inis question by entering your answers in Net Proceeds Analyze What is the net interest income or expense to be reported fi not round intermediate calculations and round your final ansv