A table of notes receivable for 2012 follows:

Requirement
1. For each of the notes receivable, compute the amount of interest revenue earne during 2012. Use a 360-day year, and round to the nearest dollar.

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Principal Interest Rate Interest Period During 2012 Note 1 $ 40,000 13% 10 months Note 2 6,000 8% 75 days Note 3 20,000 11% 90 days Note 4 90,000 9% 5 months