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. 01: Hot yet answered arked out of 1.00 35 X borrowed $400,000 on April 1. The note requires interest at 12% and principal to

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. 01: Hot yet answered arked out of 1.00 35 X borrowed $400,000 on April 1. The note requires interest at 12% and principal to be paid in one year. How much interest is recognized for the period from April 1 to ?December 31 .a $32,000 .b .$48,000 .C .$0 .d .$36,000

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