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JCC Incorporation issued a $160,000, 5-year, 9% note at face value to a Bank on January 1, 2014, and received $100,000 cash. The note requires

JCC Incorporation issued a $160,000, 5-year, 9% note at face value to a Bank on January 1, 2014, and received $100,000 cash. The note requires annual interest payments each December 31

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