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Erismus Company borrowed$600,000 on September 1,2021,and signed a 12-month note bearing interest at 5%.Interest is payable in full at maturity on August 31,2022.In connection with

Erismus Company borrowed$600,000 on September 1,2021,and signed a 12-month note bearing interest at 5%.Interest is payable in full at maturity on August 31,2022.In connection with this note,Erismus should report interest payable at December 31,2021,in the amount of:

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