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On July 1,2017,Icepresso Inc

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On July 1,2017,Icepresso Inc.signed a two-year $8,000 note receivable with 9 percent interest.At its due date,July 1,2017,the principal and interest will be received in full.Interest revenue should be reported on Icepresso's income statement for the year ended December 31,2017,in the amount of:


Definitions:

Sensory Deprivation

Sensory deprivation is the intentional reduction or removal of stimuli from one or more of the senses, which can lead to unique cognitive and perceptual experiences.

Visual Hallucinations

Perceptions of seeing something that is not present in reality, often occurring in conditions affecting the brain such as schizophrenia or Parkinson's disease.

Signal Detection Theory

A means to quantify the ability to discern between information-bearing patterns and random patterns that distract from the information.

Response Bias

A wide range of cognitive biases that influence the responses of participants away from an accurate or truthful response.

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