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Nelena Corporation issued a one-year, 7%, $300,000 note on April 30, 2016. Interest expense for the year ended December 31, 2016 was Select one: a.

Nelena Corporation issued a one-year, 7%, $300,000 note on April 30, 2016. Interest expense for the year ended December 31, 2016 was Select one: a. $21,000. b. $14,000. c. $ 7,000. d. $28,000. Previous page Next page

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