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On April 1, 2018, Peter Incorporation accepts a $100,000, 8% note. The note receivable and interest are receivable on March 31, 2019. What is the

On April 1, 2018, Peter Incorporation accepts a $100,000, 8% note. The note receivable and interest are receivable on March 31, 2019. What is the amount of interest revenue that will be recorded by Peter Inc. on December 31,2018

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