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ABC Company borrows $100 million on October 1, 2021, for one year at 6% interest. For what amount does ABC Company report interest expense for

ABC Company borrows $100 million on October 1, 2021, for one year at 6% interest. For what amount does ABC Company report interest expense for the year ended December 31, 2022? Multiple Choice $45 million $6 million $15 milion O 0

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