For each of the following notes receivable held by Christensen Company determine the interest revenue to be reported on the income statements for the year ended December 31. Round answers to nearest whole dollar. 
Definitions:
Social Pressures
The influence exerted by society or groups within it, pushing individuals towards certain behaviors or decisions.
Supranational Laws
Laws that operate above the national levels, established by agreements between nations, and which have binding legal power over the member states.
Intergovernmental Organization
An entity created by treaty, involving two or more nations, to work on issues of common interest or concern at an international level.
Industrial Policies
Strategies and measures adopted by a government to promote the growth and development of specific industrial sectors.
Q16: If the direct write-off method of accounting
Q25: A consignor who has goods out on
Q33: When merchandise that was sold is returned,
Q42: If the balance in Cash Short and
Q52: At the end of a period (before
Q64: When using the analysis of receivables method
Q88: Receipts from cash sales of $3,200 were
Q92: Journalize each of the following transactions:<br>(a)A wing
Q139: The normal balance of the accumulated depreciation
Q168: The following data were taken from Castle,