Calculate the amount of interest revenue the company

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On April 1, 2015, a company loans one of its suppliers $53,000 and accepts a 30-month, 12% note receivable. Calculate the amount of interest revenue the company will recognize in 2015, 2016, and 2017. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)

Amount of Interest Revenue in 2015: ___________

Amount of Interest Revenue in 2016: ___________

Amount of Interest Revenue in 2017: ____________

Reference no: EM131006655

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