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Carla Vista Co. borrowed $3040000 from U.S. Bank on January 1, 2019 in order to expand its mining capabilities. The 5-year note required annual payments

Carla Vista Co. borrowed $3040000 from U.S. Bank on January 1, 2019 in order to expand its mining capabilities. The 5-year note required annual payments of $791727 and carried an annual interest rate of 9.5%. What is the balance in the notes payable account at December 31, 2020, after the annual payment?

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