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Agasse Industries began construction of a new facility and took out a $1,500,000, 12% construction loan on April 1, 2016. Agasse made payments to the

Agasse Industries began construction of a new facility and took out a $1,500,000, 12% construction loan on April 1, 2016. Agasse made payments to the general contractor of $445,000 on April 1, $945,000 on August 31, and $545,000 on December 31.

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