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A $40,000, two-month, 10% note payable was issued on December 1, 2024. What is the amount of interest expense recorded in the year 2024? (Do
A $40,000, two-month, 10% note payable was issued on December 1, 2024. What is the amount of interest expense recorded in the year 2024? (Do not round intermediate calculations, and round the final calculation to the nearest dollar.) O A. $333 O B. $667 O C. $4,000 O D. $40,667
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