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Hunter Inc was issued a $250,000 zero-interest bearing note in exchange for a building on May 1, 2017. The note is due on May 1,

Hunter Inc was issued a $250,000 zero-interest bearing note in exchange for a building on May 1, 2017. The note is due on May 1, 2027 and the prevailing interest for a note of this type is 6%. Instructions How much interest revenue can Hunter record on its income statement for the financial year ended December 31, 2019?

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