Question: Question 3 On June 17, 2017, Pear Incwrites a 60 day, 69, 140,000 note to settie an open account with Solar Solutions. Assuming that Pear

Question 3 On June 17, 2017, Pear Incwrites a 60 day, 69, 140,000 note to settie an open account with Solar Solutions. Assuming that Pear Inc. pays the note in full on its due date and a 360 day year is used to calculate interest, how much cash will Solar Solutions record on its statement of financial position, and on what date will the cash be received? $40,400 on August 16, 2017 $42.400 on August 16, 2017 $40,400 on June 17, 2017 542,400 on June 17, 2017

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