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1 pts Question 5 Greenpoint, Inc. borrowed $80,000 on April 1, 2015. Greenpoint will make no payments until April 1, 2017, when it will pay

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1 pts Question 5 Greenpoint, Inc. borrowed $80,000 on April 1, 2015. Greenpoint will make no payments until April 1, 2017, when it will pay $88,000. What is the balance on Interest Payable at 12/31/2016. What is the interest expense accrued through the year? 4000; 4000 7000; 7000 OO 7000; 4000 4000: 7000

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