12. What is the amount of interest expense that McCabe Corporation will record on July 1, 20X1,...

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12. What is the amount of interest expense that McCabe Corporation will record on July 1, 20X1, the first semi-annual interest payment date? (All amounts rounded to the nearest dollar.)

a. $22,400

c. $19,600

b. $39,200

d. $20,869

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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