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Husemann Co assets include notes receivable from customers. During fiscal 2015, the amount of notes receivable $45, 900, and the interest rate of the notes

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Husemann Co assets include notes receivable from customers. During fiscal 2015, the amount of notes receivable $45, 900, and the interest rate of the notes averaged 5.5% Calculate the amount of interest income earned by Husemann Co. during fiscal 2016. Prepare a horizontal model that accrues the interest income earned from the notes

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