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help Sheffield Corp. sold $121000 of goods and accepted the customer's $121000 12%. 1-year note in exchange. Assuming 12% approximates the market rate of return,

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Sheffield Corp. sold $121000 of goods and accepted the customer's $121000 12%. 1-year note in exchange. Assuming 12% approximates the market rate of return, how much interest would be recorded for the year ending December 31 if the sale was made on June 302 w $0 $7260 $3630 O $14520

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