Young company lends dobson industries $40,000 on august 1, 2014, accepting a 9-month, 12% interest note. if young accrued interest at its december 31, 2014 year-end, what entry must it make to record the collection of the note and interest at its maturity date?

Journal entry for the collection of the note at its maturity:

It is given that the company lends $40,000 on august 1, 2014, accepting a 9-month, 12% interest note. And it has accrued interest at its December 31, 2014 year-end, so Interest Receivable shall be 40,000*12%*5/12 = $2,000.  The journal entry to record the collection of the note and interest at its maturity date 30th April 2015 shall be as follows:

Account titles  Debit  Credit

Cash         $43,600

Interest receivable          $2,000

Interest Revenue                  $1,600

Notes Receivable                 $40,000

(Being notes receivable collected on its maturity date)

(Note: The interest revenue is calculated for the period of Jan. 1, 2015 to April 30, 2015 = 40,000*12%*4/12 = $1,600)

answer'; i believe the correct answer is (15,000) workers a year are treated for injuries caused by jacks, lifts or jack stands;

what are the sentences? so we can answer the question.