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Ireland Corporation obtained a $58,000 note receivable from a customer on June 30, 2016. The note, along with interest at 5%, is due on June

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Ireland Corporation obtained a $58,000 note receivable from a customer on June 30, 2016. The note, along with interest at 5%, is due on June 30, 2017 On September 30, 2016, Ireland discounted the note at Cloverdale bank. The bank's discount rate is 8%. What amount of cash did Ireland receive from Cloverdale Bank? 55 Multiple Choice O $58.725 $53,360 $57.246 O $54 346 ype here to search o

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