Wildhorse Co. closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $ 24,200. Notes Receivable include the following.

Date		Maker		Face Value		Term		Maturity Date		Interest Rate
April 21		Coote Inc.		$ 4,400		90 days		July 20		7%
May 25		Brady Co.		7,800		60 days		July 24		10%
June 30		BMG Corp.		12,000		6 months		December 31		6%

During July, the following transactions were completed.

July 5		Made sales of $ 4,270 on Wildhorse Co. credit cards.
14		Made sales of $ 500 on Visa credit cards. The credit card service charge is 3%.
20		Received payment in full from Coote Inc. on the amount due.
24		Received payment in full from Brady Co. on the amount due.