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2) On August 1, 2021, Jax Corp. made a loan of $40,000 to an employee. The two year loan carried a 6% annual interest rate.

2) On August 1, 2021, Jax Corp. made a loan of $40,000 to an employee. The two year loan carried a 6% annual interest rate. What is the interest revenue recognized by Maple Corp. in 2021, 2022, and 2023

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