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crane ltd receives a 4 year $104000 zero interest bearing note. The present value of this note is $85561. Assuming the note was issued on

crane ltd receives a 4 year $104000 zero interest bearing note. The present value of this note is $85561. Assuming the note was issued on January 1, 2021, and the effective interest rate method is used, the interest income to be recognized for calender 2022 is

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