Chamberlain Enterprises Inc. reported the following receivables in its December 31, 2013, year-end balance sheet: Current assets: Accounts receivable, net of $44,000 in allowance for uncollectible accounts $ 318,000 Interest receivable 12,800 Notes receivable 460,000 Additional information: 1. The notes receivable account consists of two notes, a $100,000 note and a $360,000 note. The $100,000 note is dated October 31, 2013, with principal and interest payable on October 31, 2014. The $360,000 note is dated June 30, 2013, with principal and 6% interest payable on June 30, 2014. 2. During 2014, sales revenue totaled $1,540,000, $1,380,000 cash was collected from customers, and $42,000 in accounts receivable were written off. All sales are made on a credit basis. Bad debt expense is recorded at year-end by adjusting the allowance account to an amount equal to 10% of year-end accounts receivable. 3. On March 31, 2014, the $360,000 note receivable was discounted at the Bank of Commerce. The bank's discount rate is 10%. Chamberlain accounts for the discounting as a sale.
1. In addition to sales revenue, what revenue and expense amounts related to receivables will appear in Chamberlain's 2014 income statement?
2. What amounts will appear in the 2014 year-end balance sheet for accounts receivable?