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ssignment i Saved Help . Required information (The following information applies to the questions displayed below.) On November 1, 2017, Salem Corporation sold land priced at $360,000 in exchange for a 3%, six-month note receivable Assuming the maker of the note defaults on May 1, 2018, Salem will record on this date: Multiple Choice An accounts receivable of $360 000 from the maker of the note An accounts receivable in the amount of $365,400, as well as interest revenue of $3,600, An accounts receivable in the amount of $360,000, as well as interest expense of $5,400. An accounts receivable in the amount of $360,000, as well as interest revenue of $3,600