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14. Universal Travel Inc. borrowed $498,000 on November 1, 2016, and signed a 12-month note bearing Interest at 7%. Interest is payable in full at

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14. Universal Travel Inc. borrowed $498,000 on November 1, 2016, and signed a 12-month note bearing Interest at 7%. Interest is payable in full at maturity on October 31, 2017 In connection with this note, Universal Travel Inc. should report Interest payable at December 31, 2016, In the amount of (Do not round Intermediate calculations. Round your final answer to the nearest whole dollar amount) O $23.240 O $5,810 O $34860 O $29.050 MacBook Air esc FI FS F6 4

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