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Show Attempt History Current Attempt in Progress On December 31, 2020 Sheffield Company had the following account balances: Notes Receivable $279,300 Interest Receivable 4,275 Detail of the Notes Receivable is as follows: 57,000 Note 1-6-month 9% note dated 10/31/20 Note 2 - 2-year non-interest bearing note dated 1/1/20 Note 3 - 5-month interest bearing note dated 9/30/20 85,500 136,800 Determine the following information. (For the non-interest bearing note assume a reasonable market rate of 9%) (a) Your answer is correct What is the interest rate on Note 3 (5-month interest bearing note)? Interest rate on Note 3 10 Attem wu. Your swwer correct Questions What is the Interest ration Note 3 15-month interest bearing notes Interest rate on Note 3 10 Attempts: 1 of used (b) What is the total interest revenue for 2021? (Round factor actions to decimale 0.52755. Hound answer to 2 decimal place 52.75) Total interest revenue for 2021 $ Artemps: 0 of 2nd Sicht Se