Problem 8-8A (Part Level Submission) Splish Brothers Inc. closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $22,400. Notes Recelvable include the following. TermMaturity Date Interest Rate DateMakerFace Value April 21 Coote Inc. May 25 Brady Co. June 30 BMG Corp. 8% 10% 696 $4,400 90 days July 20 7,200 60 days July 24 10,800 6 months December 31 During July, the following transactions were completed. July 14 20 24 Made sales of S800 on Visa credit cards. The credit card service charge is 3%. Recelved payment in full from Coote Inc. on the amount due Received payment in full from Brady Co. on the amount due