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Blossom Company receives $385,000 when It issues a $385,000, 6%, mortgage note payable to finance the construction of a building at December 31, 2017. The

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Blossom Company receives $385,000 when It issues a $385,000, 6%, mortgage note payable to finance the construction of a building at December 31, 2017. The terms provide for annual Installment payments of $39, 641 on December 31

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