Record the following note receivable transactions in the journal of Arabian Realty. How much interest revenue did Arabian earn this year? Use a 365-day year for interest computations, and round interest amounts to the nearest dollar. Arabian Realty has an October 31 fiscalyear-end.

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Loaned S 10,000 cash to Candace Smith on a one-year, 790 note. Performed service for Putt Pro, receiving a 90-day, 6% note for $15,000. Received a $2,000, six-month, 11% note on account from Vernon, Inc. Accrued interest revenue for the year. Aug 1 Oct 6 16 31