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Nittany Lion Company sells Product D to Customer Company on January 1, 2019. Customer Company agrees to pay Nittany Lion Company $20,000 on December 31,

Nittany Lion Company sells Product D to Customer Company on January 1, 2019. Customer Company agrees to pay Nittany Lion Company $20,000 on December 31, 2020 (i.e., in two years). The annual interest rate on loans is 8%. How much does Nittany Lion Company recognize as interest revenue in 2019? Round your answer to the nearest dollar (e.g.,1,000).

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