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At December 31 year-end, Crate Corporation has a $9,600 note receivable from a customer Intetest of B% has acerued for 5 months on the note.

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At December 31 year-end, Crate Corporation has a $9,600 note receivable from a customer Intetest of B\% has acerued for 5 months on the note. What wil Crate's income statement for the ynar ended December 31 repor for this stuation? A. Nothing because the buiness has not received the cash yet B. Interest reverue of $320 C. Nofe receivable of $9,600 D. Both b and a

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