On October 1, 2019, Westfield Company sold machinery to a customer for $21,000. The customer could not pay at the time of sale, but agreed to pay 10 months later, and signed a 10-month note at 12% interest. How much interest revenue was earned during 2019? Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.
A) $660
B) $630
C) $4410
D) $2100
B) $630
Explanation: ($21,000 × 12%) × 3/12 = $630
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