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Ireland Corporation obtained a $56,000 note receivable from a customer on June 30, 2021. The note, along with interest at 5%, is due on June

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Ireland Corporation obtained a $56,000 note receivable from a customer on June 30, 2021. The note, along with interest at 5%, is due on June 30,2022. On September 30, 2021, Ireland discounted the note at Cloverdale bank. The bank's discount rate is 9%. What amount of cash did Ireland receive from Cloverdale Bank? Multiple Choice $52,031 $50,960 G $54,831 $56700

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