Question: Exercise 5 - 1 8 ( Algo ) Notes receivable interest accrual and collection LO 5 - 6 Skip to question [ The following information

Exercise 5-18(Algo) Notes receivableinterest accrual and collection LO 5-6
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Husemann Company's assets include notes receivable from customers. During fiscal 2022, the amount of notes receivable averaged $46,900, and the interest rate of the notes averaged 9.9%.
Exercise 5-18(Algo) Part a (1)
Required:
a-1. Calculate the amount of interest revenue earned by Husemann Company during fiscal 2022.

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