QS $7-16($Algo$)$ Computing interest revenue for two periods LO P$4$

On April $1$ of Year $1,$ Respawn accepted a $$27,200,12-$month, $7\%$ note from a customer in granting 'a time extension on his past$-$due account receivable. Respawn's year$-$end is December $31.$ Compute interest revenue recorded by Respawn in Year $1$ and Year $2.$

$\backslash$table$[[,$Interest Revenue$],[$Year $1,],[$Year $2,476]]$