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Broken Brady Inc. borrowed $250,000 on June 30, 2021. The loan bears annual interest at 10% and interest payments are made semi-annually on December 31

Broken Brady Inc. borrowed $250,000 on June 30, 2021. The loan bears annual interest at 10% and interest payments are made semi-annually on December 31 and June 30 of each year. In connection with this loan, how much interest payable should be reported at December 31, 2021?

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