Problem 5-86A Accounting for Notes Receivable Yarnell Electronics sells computer systems to small businesses. Yarnell engaged in the following activities involving notes receivable: a. On September 1, 2019, Yarnell sold a $10,000 system to Ross Company, Ross gave Yarnell a 6-month, 7% note as payment. b. On December 1, 2019, Yarnell sold a $6,000 system to Searfoss Inc. Searfoss gave Yarnella 9-month, 9% note as payment. c. On March 1, 2020, Ross paid the amount due on its note. d. On September 1, 2020, Searfoss paid the amount due on its note. Note from Ross Company: 2019 Sept. 1 Notes Receivable 10,000 Sales Revenue 10,000 Record sale 2019 Dec. 31 Interest Receivable 74.16 Interest Income 74.16 X Record accrued interest income 2020 Mar. 1 Cash 10,350.01 X Notes Receivable 10,000 Interest Receivable ili 29.17 X Interest Income 233.34 Record collection of note receivable a compound transaction, if an amount box does not require an entry, leave it blank. If required, round your 2019 Dec. 1 Notes Receivable 6,000 Sales Revenue 6,000 Record sale 2019 Dec. 31 Interest Receivable 233 X Interest Income 233 X Record accrued interest income 2020 Sept. 1 Cash 7,215 x Notes Receivable 6,000 Interest Receivable 405 X Interest Income 810 x Record collection of