Following are selected transactions for Vitalo Company.
Nov. 1
Accepted a $6,000, 180-day, 8% note dated November 1 from Kelly White in granting a time extension on her past-due account receivable.
Dec. 31
Adjusted the year-end accounts for the accrued interest earned on the White note.
Apr. 30
White honors her note when presented for payment; February has 28 days for the current year.
First, complete the table below to calculate the interest amounts at December 31st and April 30th. (Use 360 days a year.)