I need help with this general accounting question using standard accounting techniques.

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On January 1, VK Financial Group lends a corporate client $240,000 at a 9% interest rate. The amount of interest revenue that should be recorded for the quarter ending March 31 equals: a) $21,600 b) $5,400 c) $4,800 d) $1,350

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The owner's equity at the beginning of the period for Lethem Services was $75,000. At the end of the period, assets totaled $165,000, and liabilities were $42,000. If the owner made an additional investment of $15,000 and withdrew $13,000 during the period, what is the net income or (net loss) for the period?

What was cost of goods sold for the period?

Please explain the solution to this general accounting problem using the correct accounting principles.

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I need guidance with this general accounting problem using the right accounting principles.