Frankenstein Enterprises received two notes from customers for sales that Frankenstein made in $2021.$ The notes included:

Note A: Dated $5/31/2021,$ principal of $$120,000$ and interest due $3/31/2022.$

Note B: Dated $7/1/2021,$ principal of $$200,000$ and interest at $8\%$ annually, due on $4/1/2022.$

Frankenstein had accrued a total of $$14,400$ interest receivable from these notes in its $12/31/2021$ balance sheet.

The annual interest rate on Note A is closest to:

Group of answer choices

$9\mathrm{.}74\%.$

$8\%.$

$9\mathrm{.}14\%.$

$9\mathrm{.}44\%.$

Balance in checking account, Bank of the East$$442,000$Treasury bills, purchased on $11/1/2021,$

$$ mature on $1/30/202220,000$Loan payable, long$-$term, Bank of the East$300,000$

Included in the checking account balance is $$50,000$ of restricted cash that Bank of the East requires as a compensating balance for the $$300,000$ note. What amount will Logistics include in its year$-$end balance sheet as cash and cash equivalents?

Group of answer choices

$$442,000.$

$$412,000.$

$$462,000.$

$$392,000.$