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USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT ( 9 ) QUESTIONSOn January 2 , 2 0 1 4 , Sparky Company performed consultation services
USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT QUESTIONSOn January Sparky Company performed consultation services for Wildcat Corporation and agreed to allow Wildcat to pay over time. Sparky is considering several different note options below. Wildcat's normal borrowing rate is For each option listed below, determine Service Revenue Sparky can record at Jan. Interest Revenue to be recorded at December and the Carrying Value of the Note Receivable on their Balance Sheet at December after interest has been accrued.Use the PV tables in your CH class notes. Do not round any answer until your final answer. Round your final answer to the nearest whole dollar. When entering your final answer, do not use commas or $ sign. Sorryblackboard is very sensitive and will mark your answer incorrect due to rounding and punctuation.
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