Ziray Inc. accepts a $225,000, 6% interest, 70 day note in payment of a past due accounts receivable on August 1.

What is the maturity date of the note?

(Note: For interest calculation purposes, a year is considered 360 days.)

A) September 10

B) September 30

C) October 10

D) October 30

E) November 10

F) November 30

What amount is credited to Interest Revenue at maturity?