Calculator The Merchant Company issued 10 year bonds on January 1. The 10% bonds have a few of $102.000 and rest every January and My L The bonds were sold for $123023 based on the matter of Merdan h ectiverethod to more band discounts and premony of the faste Merchant h e t the 4000 Og6151 35.100 UNUL Previous Next > Submesto Grading 5 On June 1, Davis Inc issued an $73,100,10%, 120-day note payable to Garcia Company Assume that the fiscal year of Garcia ends June 30. Using a 360- day year in your calculations, what is the amount of interest revenue recognized by Garcia in the following year? When required, round your answer to the nearest delle 51213 7310 d$1.548 Previous Next > | Sama terrories O 10:19 AM e 9