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137 Blue Corporation issued a one-year, 12%, $200,000 note on August 31, 2008. Interest expense for the year ended December 31, 2008 was a $24,000

137 Blue Corporation issued a one-year, 12%, $200,000 note on August 31, 2008. Interest expense for the year ended December 31, 2008 was a $24,000 b. $10,000 $8,000 d. $6,000

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