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At year end of Sep 30, 2008, the company has an instalment note payable with a total outstanding balance of $660,000 to be repaid evenly
At year end of Sep 30, 2008, the company has an instalment note payable with a total outstanding balance of $660,000 to be repaid evenly each month plus interest over the next 10 years. How much would be reported for this item on the Sep 30, 2008 balance sheet under non-current liabilities?
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