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The customer signed a 4-month note for 110000 at 12 how

Question - On October 1, 2017, Android, Inc. made a loan to one of its customers. The customer signed a 4-month note for $110,000 at 12%. How much interest revenue did the company record in the year 2017? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

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Accounting Basics: The customer signed a 4-month note for 110000 at 12 how

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