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Suppose the note is dated October 1, 2021. Determine how much interest revenue is recorded each year and how much cash is received each year.be 2021: 2022: 9 months Interest 750412-623, 7504/12=625 on on Revenue balloon 3 months 620.3=1975 625.9=5625 Cash Received 1875 U OD WOH 5625 - CHAPTER 8 ons How is the book value of a long-term operational asset like a machine calculated? cost of the asset accumulated depreciation, How do you convert the annual depreciation expense above to a monthly rate? arruas corresistien monthey depreciation Toe ek assetSalveg talu anual depreciation useful lifespan 12 months How many months of depreciation expense are needed in the first year for an asset purchased on March 1s? How many months of depreciation expense are needed in the last year for an asset sold on September 1s? bovlash