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Cube Ice Company received a 120-day, 10% note for $36,000, dated April 9 from a customer on account. Assume 360 days in a year. a.

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Cube Ice Company received a 120-day, 10% note for $36,000, dated April 9 from a customer on account. Assume 360 days in a year. a. Determine the due date of the note. August 7 b. Determine the maturity value of the note. $ 35,640 X Straight-Line Depreciation A building acquired at the beginning of the year at a cost of $140,400 has an estimated residual value of $5,400 and an estimated useful life of 10 years. Determine the following: (a) The depreciable cost (b) The straight-line rate (c) The annual straight-line depreciation

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