Question: SHOW ALL WORK. If correct, I will give thumbs up! 7. Rosewood Company made a loan of $7,600 to one of the company's employees on

SHOW ALL WORK. If correct, I will give thumbs up!

7. Rosewood Company made a loan of $7,600 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rate of interest. What is the amount of interest revenue that Rosewood would report during the years ending December 31, Year 1 and Year 2, respectively

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