10. Taft Company sells Lee Company a machine, the usual cash price of which is $10,000, in exchange for an $11,800 non-interest-bearing note due three years from date. If Taft initially records the note at $10,000, the overall effect will be a. A correct sales price and correct interest revenue b. A correct sales price and understated interest revenue 0. An understated sales price and understated interest revenue d. An overstated interest price and understated interest revenue