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Harold's Corporation borrowed $500,000 on May 1, 2014. Interest payments are made semiannually on May 1 and November 1, and the annual interest rate is

Harold's Corporation borrowed $500,000 on May 1, 2014. Interest payments are made semiannually on May 1 and November 1, and the annual interest rate is 10%. The company will debit Interest Expense on May 1, 2015 in the amount of: Select a Choice Below current question choices OptionA $45,000 OptionB $27,750 OptionC $50,000. OptionD $25,000

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