Blackrock Company received a 6-month, 15% note for $100,000 from its president on November 1, 2014 T

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Blackrock Company received a 6-month, 15% note for $100,000 from its president on November 1, 2014 The note is due on April 30, 2015 If Blackrock’s accounting period ends on December 31, how much interest revenue should Blackrock recognize during 2014 and 2015?

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