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a company lends it's suppliers 167,000 for 3 years at ao 5% 2.00 points On July 1, 2016. Empire Inc. lends $9000 to a customer

a company lends it's suppliers 167,000 for 3 years at ao 5%

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2.00 points On July 1, 2016. Empire Inc. lends $9000 to a customer and receives a 12% note due in two years interest is due in fult on July 1 2018 the due date of the note. What the amount of interest Revenue that will be reported on Empire's income statement for the year ended December 31 2016? O $1080 $630 O 540

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