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10 11 12 on / (2 points On January 1, 2021, Mint Limited sold a piece of equipment in return for a $100,000 note receivable.

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10 11 12 on / (2 points On January 1, 2021, Mint Limited sold a piece of equipment in return for a $100,000 note receivable. The note receivable is non-interest beating. Mint will receive $50,000 on December 31 for each of the next two years. A market rate of interest for this note would be 9%. How much interest Income should be recognized for the year ended December 31, 2021, rounded to the nearest dollar? (Insert your answer in the box below. Your answer should only involve digitsumbers. Do not use a dollar sign ($) or a comma () in your answer the system will give you an error message). For EPS calculations, use 2 decimal places.] 13 15 16 17 18 -- Your Answer: 19 20 21

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