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Williams, Inc. typically finances customers at an 8% rate of interest. During the year, Williams accepted two notes receivable. 1. Note A, carrying 8%

Williams, Inc. typically finances customers at an 8% rate of interest. During the year, Williams accepted two notes receivable. 1. Note A, carrying 8% stated interest, was accepted on April 1st, 2019 for $100,000. The note's principal plus interest is due March 30, 2020. 2. Note B, was accepted on July 1st, 2019. The non-interest bearing note requires the borrower to repay $200,000 on June 30, 2021. If properly recorded, how much Interest revenue should be reported as a result of these notes for the fiscal year ended December 31, 2019?

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