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Barton Chocolates used a promissory note to borrow $1. 100.000 on July 1. 2015, at an annual interest rate of G percent The note b

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Barton Chocolates used a promissory note to borrow $1. 100.000 on July 1. 2015, at an annual interest rate of G percent The note b to be repaid in yearly Installments of $220,000. plus accrued interest. on June 30 (A every year radii the note Is paid In lull (on June 30. 2020) Show how the results of this transaction would be reported In a classified balance sheet prepared as of December 31. 2015 (Do not round intermediate calculation.)

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